Cost of Living in Cedar Creek, TX

With a cost of living index of 118, Cedar Creek, TX is a notably expensive place to live. Living here is 18% more expensive than the national average and 30% above the Texas state average of 88. Cedar Creek is a small community of 4,026 residents.

Housing costs are the biggest factor in Cedar Creek's cost of living. The median monthly rent is $2,053 (56% above the US median of $1,319), and the median home value sits at $255,200 (16% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Cedar Creek is $93,304, which is 24% higher than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Austin-Round Rock-San Marcos, 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.