Driftwood, TX Cost of Living


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Driftwood cost of living score
113
More expensive
13.0% higher
than the US average
20.0% higher
than the Texas average
Driftwood, Texas gets a BestPlaces Cost of Living score of 113, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% higher than the U.S. average and 20.0% higher than the average for Texas.

Driftwood, TX

Housing costs in Driftwood?
A typical home costs $922,000, which is 172.7% more expensive than the national average of $338,100 and 209.8% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Driftwood costs $1,640 per month, which is 14.7% more than the national average of $1,430 and 22.0% more than the state average of $1,280.

Can I afford Driftwood?
To live comfortably in Driftwood, Texas, a minimum annual income of $176,760 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Driftwood?
The cost of living in Driftwood, TX is relatively affordable. The city boasts a low unemployment rate and strong job market, making it an attractive destination for young professionals and families alike. The median home value is around $245,000, and the cost of rent can average approximately $1000-$1500 per month depending on the location. Groceries and other basic goods are slightly more expensive than some surrounding cities, but not substantially so. With the combination of its sunny climate and pleasant community atmosphere, Driftwood has become a desirable place to live with an overall reasonable cost of living.
   Cost of living score
     CategoriesDriftwoodTexasUnited States
  113.094.2100.0
  100.593.7100
  108.7100.0100.0
  274.883.5100.0
  $922,000$297,600$338,100
  98.6%99.2%100.0%
  119.2103.3100.0
  101.983.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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