Woodway, TX Cost of Living


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How much do I need to live in Woodway, Texas?
$5,730 / month
for a family, 6.1% more expensive than the national average A total of $68,760 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Woodway cost of living score
83.4
Less expensive
16.6% lower
than the US average
11.5% lower
than the Texas average
Woodway, Texas gets a BestPlaces Cost of Living score of 83.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.6% lower than the U.S. average and 11.5% higher than the average for Texas.

Woodway, TX

Housing costs in Woodway?
A typical home costs $359,200, which is 6.2% more expensive than the national average of $338,100 and 20.7% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Woodway costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 12.3% cheaper than the state average of $1,280.

Can I afford Woodway?
To live comfortably in Woodway, Texas, a minimum annual income of $68,760 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Woodway?
Woodway, TX is a great place to live with a reasonable cost of living. According to the City-Data website, the cost of living in Woodway is about 11% lower than the United States average. In terms of housing costs, Woodway has an median home value of $225,200 which is higher than most cities in Texas. However, this cost can be offset by the low taxes that Woodway residents pay. The sales tax rate in Woodway is 8.25%, much lower than other states in the US. Additionally, utility costs are relatively low compared to other parts of the country making it more affordable for people to live here.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWoodwayTexasUnited States
    Unlock94.2100.0
  97.1  Unlock100.0
    Unlock100.0100.0
  107.9  Unlock100.0
    Unlock$297,600$338,100
  97.6  Unlock100.0
    Unlock103.3100.0
  91.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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