Cost Of Living in Shady Hollow, 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	Shady Hollow	Texas	National
Cost of living	137	92	100
Goods & Services	96	96	100
Groceries	98	96	100
Health care	98	94	100
Housing	236	83	100
Transportation	89	92	100
Utilities	95	104	100

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Cost Of Living Quick Facts

The cost of living in Shady Hollow is 49% higher than the Texas average
The cost of living in Shady Hollow is 37% higher than the national average
Shady Hollow housing is 136% 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	$134,779	$11,232	$3,145	$4,044
Renters	$137,159	$11,430	$3,200	$4,115

A good indicator of the general affordability of housing in Shady Hollow, TX, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Shady Hollow, the median monthly income is $134,779 for those who own their own homes. Under the standard rule, that income level would allow for $3,145 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $137,159, per the median income in the area. That would allow for renters to spend up to $3,200 on monthly rental expenses.

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	Shady Hollow	National avg.	Difference
Haircut	$30.11	$24.26	24.1%
Beauty Salon	$53.43	$45.56	17.3%
Toothpaste	$3.66	$3.70	1.1%
Shampoo	$1.23	$1.28	3.9%
Movie	$12.82	$12.13	5.7%
Bowling	$18.22	$18.00	1.2%

Groceries

Item	Shady Hollow	National avg.	Difference
Ground Beef	$5.49	$5.84	6.0%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.64	$4.67	0.7%
Potatoes	$4.87	$4.93	1.2%
Pizza	$9.57	$12.09	20.8%
Beer	$10.18	$10.41	2.3%

Health Care

Item	Shady Hollow	National avg.	Difference
Optometrist	$117.38	$125.68	6.6%
Doctor	$108.42	$135.78	20.1%
Dentist	$124.98	$113.29	10.3%
Ibuprofen	$10.52	$10.65	1.2%
Lipitor	$504.11	$468.60	7.6%

Housing

Item	Shady Hollow	National avg.	Difference
Home Price	$433,000.00	$184,700.00	134.4%
Avg. Mortgage Payment	$2,434.44	$2,346.69	3.7%
Apartment Rent	$2,279.00	$949.00	140.1%

Transportation

Item	Shady Hollow	National avg.	Difference
Gasoline	$3.06	$3.46	11.7%
Tire Balancing	$53.75	$59.92	10.3%

Utilities

Item	Shady Hollow	National avg.	Difference
All Electricity	$172.60	$193.99	11.0%
Phone	$200.15	$192.25	4.1%

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.
Uhland, TX	1,489	91	9.4%
Niederwald, TX	652	91	9.1%
Mustang Ridge, TX	1,229	94	5.5%
Kyle, TX	45,828	104	4.5%
Hays, TX	141	109	8.9%
Shady Hollow, TX	3,833	137	37.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Rocky Ford, CO	3,833	85	15.1%
Bosque Farms, NM	3,833	103	3.3%
Catskill, NY	3,832	100	0.4%
Wintersville, OH	3,834	90	10.3%
Plain City, OH	3,831	99	0.5%
Shady Hollow, TX	3,833	137	37.5%

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 Shady Hollow, TX