Cost of Living in San Felipe, TX

With a cost of living index of 97, San Felipe, TX is slightly more affordable than average. Living here is 3% cheaper than the national average and 10% above the Texas state average of 88. San Felipe is a small community of 1,085 residents.

Housing costs are the biggest factor in San Felipe's cost of living. The median monthly rent is $1,429 (8% above the US median of $1,319), and the median home value sits at $229,800 (25% below the national median of $304,900). At current prices, the median home costs roughly 3.8x the median household income — a moderately affordable ratio by today's standards.

The median household income in San Felipe is $60,078, which is 20% lower than the national median of $75,149. Residents spend roughly 29% 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 San Felipe. The area sees an average annual temperature of 71.1°F, with summers averaging 85°F and winters around 57°F. Annual rainfall totals 49.7 inches spread over roughly 119 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Houston-Pasadena-The Woodlands, TX (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher 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.