Cost of Living in Hornsby Bend, TX

With a cost of living index of 124, Hornsby Bend, TX is a notably expensive place to live. Living here is 24% more expensive than the national average and 36% above the Texas state average of 88. Hornsby Bend is a smaller community of 12,021 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Hornsby Bend's cost of living. The median monthly rent is $2,187 (66% above the US median of $1,319), and the median home value sits at $279,000 (8% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Hornsby Bend is $88,317, which is 18% higher than the national median of $75,149. Residents spend roughly 30% 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 do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Hornsby Bend. The area sees an average annual temperature of 68.4°F, with summers averaging 84°F and winters around 52°F. Annual rainfall totals 35.6 inches spread over roughly 82 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.