Living In Houston - Cost of Living

Why Move To Houston?

If you’re planning to move into Houston, Texas, reviewing the cost of living score is a significant first step in finding out your plan would be financially beneficial for you and your family. Houston, Texas is receiving a lot of new "Out of Town-ers" moving here due to their original city's high cost of living. If you’re moving here from a different city with a higher cost of living and can still retain the same or maybe even a higher income, you can expect a better way of living!

Families looking for a new city that provides all the attractions from a major metropolitan center as well as a robust employment market will surely love what Houston has to offer.

The cost of living is a very important to consider. Between cost of housing, utilities, transportation, and bills, wanting to experience your life without worrying is the main end goal.

Utilities:
The city exercises original jurisdiction, which gives them the power to regulate the various utility service providers in Houston, Texas. Notable branches of the government that have oversight over the different private utility companies in the city include the Public Utility Commission and the Railroad Commission.

Current providers in the city include CenterPoint Energy Houston Electric, Entergy Texas Inc, CenterPoint Energy Entex, Aqua Texas Inc, Blue Bell Manor Utility Company, and more.

Transportation:
Besides your cars, alternative transportation options in the city include the METRORail system, the METRO Bus System, taxis, car rental, and ride-sharing service providers.

Housing:

The cost of housing in Houston, Texas is quickly determined by where you are in relation to Interstate 610, commonly referred to as “The Loop.” Young professionals typically live, play, and work within the Loop, or downtown Houston, in notably expensive neighborhoods such as West University, River Oaks, East Downtown "EaDo" and The Heights.

Many families decide to buy a home outside of The Loop in more affordable neighborhoods such as the Bay Area, Cypress, Katy, Sugar Land and The Woodlands. The median home cost in the city is $220,000, which is lower than the state average of $243,600, and the national average of $291,700.

There are plenty of places to eat and socialize with friends and family. Entertaining guests in and out of your home is do-able! 

Average 2-person meals with a minimum of 3 courses averages about $50-$60, rather in Austin, Texas, the same said meal costs an average of $65-80. Groceries alone are at about 10% lower than Houston's surrounding cities. 

So wondering of its a good idea to move or even to stay in Houston? What's your answer now?