Round Rock, located in Williamson County and a part of the Greater Austin metropolitan area, is a highly desirable place to live. Known for its affordable housing, excellent public schools and vibrant community life, the city is a popular choice for families looking to move out of nearby Austin. In addition to its lower cost of living, Round Rock has a well-balanced lifestyle and abundant job opportunities. Its central location, great restaurants and thriving local economy also make it an attractive option for commuters.
A variety of factors determine a city’s overall cost of living, including housing, utilities, food, transportation and healthcare costs. Round Rock’s overall cost of living is slightly higher than the national average, but it is still much cheaper than Austin. The absence of a state income tax further contributes to the low cost of living in Round Rock.
The most significant portion of the cost of living in round rock is housing. Homes in the area range from sprawling suburban neighborhoods to modern apartments, with a median home price of around $400,000. The lack of a state property tax provides significant savings. The city is also home to many reputable private schools, offering additional cost savings for residents.
Another major component of the cost of living in Round Rock is groceries. Residents spend an average of $1,114 a month on groceries, which is less than the national average but slightly more expensive than the Texas average. The city has several grocery stores, ranging from the large supermarkets to local markets, making it easy for residents to find an affordable option.
The cost of living in Round Rock also includes taxes, which are higher than the state average. Residents pay 8.25% in combined state and local sales taxes. However, essential items like groceries are exempt from sales tax.
In terms of other expenses, the city’s entertainment and leisure activities are a draw for newcomers. A wide array of restaurants, sports teams and shopping options offer something for everyone. Residents can also enjoy the city’s numerous parks and other outdoor attractions.
As a technology hub, the city is home to Dell Computers and other start-ups, attracting tech professionals with high wages. However, the city’s diverse economy also offers a variety of other jobs in retail, healthcare and education.
Those interested in learning more about the cost of living in round rock can use a cost of living calculator to estimate their monthly expenses. The calculator will take into account factors like housing, food, transportation, utilities, healthcare and more. Simply enter your salary and other information to get an accurate estimate of your monthly expenses.
Understanding the expected cost of living in a city is crucial for determining whether it’s a good fit for your budget. Our free tool will help you create a custom cost of living estimate by entering your salary, housing expense and other factors. Try it now!