Cost of Living in Balcones Heights, TX

With a cost of living index of 79, Balcones Heights, TX is a very affordable place to live. Living here is 21% cheaper than the national average and 9% below the Texas state average of 88. Balcones Heights is a small community of 2,724 residents.

Housing costs are the biggest factor in Balcones Heights's cost of living. The median monthly rent is $927 (30% below the US median of $1,319), and the median home value sits at $214,300 (30% below the national median of $304,900). At current prices, the median home costs roughly 7.6x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Balcones Heights is $28,082, which is 63% lower than the national median of $75,149. Residents spend roughly 40% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the San Antonio-New Braunfels, TX (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.