Westlake, TX, shows a higher cost of living across various categories compared to the nationwide average. Specifically, housing costs are 20% higher, utilities cost 5% more, and healthcare expenses are 10% above the national average. While some areas like groceries and transportation are slightly lower, the overall cost of living stands at 100.8, reflecting an approximately 0.8% increase.
The cost of living index in Westlake is notably influenced by housing, which at 120, indicates a 20% premium over the national average of 100. Though groceries and transportation have lower indices of 95 and 90, respectively, the combined effect keeps Westlake's total cost of living just slightly above the national benchmark.
Westlake, TX, stands out with a cost of living index that is notably higher than the nationwide average, which is set at 100. Specifically, housing costs in Westlake are 20% above the national average, with an index of 120. This means that job seekers considering Westlake may find housing prices to be a significant factor in their budget planning. Groceries, however, remain relatively affordable, with an index of 95, suggesting a 5% decrease from the national average.
In other areas, Westlake's cost of living varies. Utilities are 5% higher than the national average at an index of 105. Transportation costs are slightly lower, with an index of 90, indicating a 10% reduction compared to the national average. Healthcare costs also exceed the national average by 10%, with an index of 110. Miscellaneous costs, however, align with the national average at 100, providing a balanced picture of living expenses in this area.