Cost Of Living in Bunker Hill Village, TX

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Bunker Hill Village	Texas	National
Cost of living	276	92	100
Goods & Services	101	96	100
Groceries	100	96	100
Health care	94	94	100
Housing	689	83	100
Transportation	90	92	100
Utilities	103	104	100

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Cost Of Living Quick Facts

The cost of living in Bunker Hill Village is 198% higher than the Texas average
The cost of living in Bunker Hill Village is 176% higher than the national average
Bunker Hill Village housing is 589% higher than the national average
Texas general sales tax is 22% higher than the national average
Texas state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$250,001	$20,833	$5,833	$7,501
Renters	$235,732	$19,644	$5,500	$7,073

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bunker Hill Village, TX, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Bunker Hill Village homeowners, is $250,001. This would allow for a maximum of $5,833 per month to be spent on housing costs. For renters, the median monthly income is $235,732 which would result in a maximum of $5,500 to be spent on rental costs.

Texas Sales Tax

State	General Sales Tax	With Max Surtax
Texas	6.25%	8.25%

Texas Income Tax

State	Income Tax (Low)	Income Tax (High)
Texas	0%	0%

Goods & Services

Item	Bunker Hill Village	National avg.	Difference
Haircut	$20.33	$24.26	16.2%
Beauty Salon	$47.38	$45.56	4.0%
Toothpaste	$3.48	$3.70	6.1%
Shampoo	$1.22	$1.28	5.0%
Movie	$12.19	$12.13	0.4%
Bowling	$15.83	$18.00	12.0%

Groceries

Item	Bunker Hill Village	National avg.	Difference
Ground Beef	$5.25	$5.84	10.1%
Fried Chicken	$1.61	$1.57	2.4%
Milk	$4.55	$4.67	2.5%
Potatoes	$5.00	$4.93	1.4%
Pizza	$11.82	$12.09	2.2%
Beer	$10.38	$10.41	0.3%

Health Care

Item	Bunker Hill Village	National avg.	Difference
Optometrist	$125.98	$125.68	0.2%
Doctor	$90.89	$135.78	33.1%
Dentist	$108.10	$113.29	4.6%
Ibuprofen	$10.46	$10.65	1.8%
Lipitor	$503.40	$468.60	7.4%

Housing

Item	Bunker Hill Village	National avg.	Difference
Home Price	$1,526,400.00	$184,700.00	726.4%
Avg. Mortgage Payment	$2,055.86	$2,346.69	12.4%
Apartment Rent	$3,501.00	$949.00	268.9%

Transportation

Item	Bunker Hill Village	National avg.	Difference
Gasoline	$3.14	$3.46	9.1%
Tire Balancing	$56.62	$59.92	5.5%

Utilities

Item	Bunker Hill Village	National avg.	Difference
All Electricity	$233.43	$193.99	20.3%
Phone	$208.71	$192.25	8.6%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Fifth Street, TX	2,179	82	18.3%
Aldine, TX	16,308	88	11.5%
Richmond, TX	12,592	98	2.3%
Brookside Village, TX	1,429	100	0.4%
Houston, TX	2,313,238	101	0.8%
Bunker Hill Village, TX	3,948	276	176.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Aurora, IN	3,948	90	9.9%
Sykesville, MD	3,948	127	27.4%
Richwood, TX	3,949	99	1.4%
Washington, GA	3,946	84	16.5%
San Carlos, TX	3,945	75	25.2%
Bunker Hill Village, TX	3,948	276	176.0%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Bunker Hill Village, TX