Cost of Living in Lake Medina Shores, TX

With a cost of living index of 108, Lake Medina Shores, TX is somewhat more expensive than average. Living here is 8% more expensive than the national average and 21% above the Texas state average of 88. Lake Medina Shores is a small community of 1,198 residents.

Housing costs are the biggest factor in Lake Medina Shores's cost of living. The median monthly rent is $2,051 (55% above the US median of $1,319), and the median home value sits at $158,700 (48% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Lake Medina Shores is $44,926, which is 40% lower than the national median of $75,149. Residents spend roughly 55% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents.

Climate is another factor for anyone considering a move to Lake Medina Shores. The area sees an average annual temperature of 69.6°F, with summers averaging 84°F and winters around 54°F. Annual rainfall totals 24.9 inches spread over roughly 71 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.