Cost of Living in Westwood Shores, TX

With a cost of living index of 80, Westwood Shores, TX is a very affordable place to live. Living here is 20% cheaper than the national average and 8% below the Texas state average of 88. Westwood Shores is a small community of 1,561 residents.

Housing costs are the biggest factor in Westwood Shores's cost of living. The median monthly rent is $1,069 (19% below the US median of $1,319), and the median home value sits at $173,700 (43% 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 Westwood Shores is $54,375, which is 28% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.