West Lake Hills, TX, has a higher cost of living compared to the nationwide average. The housing index stands at 130, which is 30% higher than the average. Additionally, the overall cost of living index for West Lake Hills is 110, indicating it is 10% higher than the national average.
This increase in cost of living is particularly noticeable in housing, where residents pay 30% more than the average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also contribute to this higher cost, though to a lesser extent. Job seekers should consider these factors when evaluating potential relocation to West Lake Hills.
West Lake Hills, Texas, shows a higher cost of living compared to the nationwide average. Housing costs in West Lake Hills are 30% higher than the national average, with an index of 130. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive here. Groceries also cost more, with an index of 105, which is 5% above the average. This indicates that everyday food items are slightly pricier in West Lake Hills.
Utilities in West Lake Hills are slightly below the national average, with an index of 95. This means that costs for electricity, gas, water, and other utilities are 5% lower than the nationwide average. Transportation costs are 10% higher, with an index of 110, showing that commuting and vehicle expenses are more expensive here. Healthcare costs remain at par with the national average, with an index of 100. Miscellaneous costs, which include items like clothing, entertainment, and personal care, are 20% higher, with an index of 120.