Cost of Living in Fredericksburg, TX

With a cost of living index of 111, Fredericksburg, TX is somewhat more expensive than average. Living here is 11% more expensive than the national average and 23% above the Texas state average of 88. Fredericksburg is a smaller community of 11,254 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Fredericksburg's cost of living. The median monthly rent is $1,364 (3% above the US median of $1,319), and the median home value sits at $442,800 (45% above the national median of $304,900). At current prices, the median home costs roughly 7.7x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Fredericksburg is $57,474, which is 24% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Fredericksburg. The area sees an average annual temperature of 67.5°F, with summers averaging 83°F and winters around 51°F. Annual rainfall totals 28.4 inches spread over roughly 76 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.