Texas is the second-largest state in terms of population and geographical area in the US. With a population of nearly 29 million and still rising, the adage "Everything is Bigger in Texas" is true. Texas, a state in the country's south-central portion, is bordered by both Mexico and the Gulf of Mexico.
Texas, often known as the "Lone Star State," is renowned for its scorching temperatures, booming employment sector, delectable cuisine, and low cost of living. You've come to the perfect site if you're considering migrating to Texas.
Cost of Living VS Other States
Texas' total cost of living index is 93.9, which is less than the United States' average cost of living of 100. Housing is a significant factor in this index's below-average value, while transportation is a factor in its high value. The median home price in Texas is $257,000, whereas the national average is $374,900, and transportation isn't great in Texas. For comparison, the median home price in California is $683,996, which is more than twice as much as the median home price in Texas. California's overall cost of living is 149.9. This is one of the key factors attracting Californians to Texas. You can get much more for far less.
Taxes
Texas has a state sales tax of 6.25%, a maximum local tax rate of 2%, and an average combined rate of 8.20% for both the state and local taxes. The texas tax code is ranked 14th overall in the 2022 index of the business tax climate. Texas is one of the nine states that does not impose a personal income tax, despite having the sixth highest property taxes in the US. The state's 6.25% sales tax is also relatively low.
Weather
Texas is one of the hottest states in the US. It's unbearably hot. During the sweltering summer months, certain places, such as San Antonio and Dallas, have average temperatures exceeding 100 degrees.
Since so many apartment buildings include pools, not everyone dislikes the heat. Additionally, Galveston's beaches are only a little over an hour away if you reside in Houston.
The good news is that Texas has moderate winters. It seldom drops below freezing and has average temperatures in the 50s and 60s.
If you're genuinely contemplating relocating to Texas, here are my top spots to consider. It is one of the finest states to relocate to and the best place to live.
Southlake, TX
Southlake is a Dallas suburb with the best educational system in the entire state of Texas. This city is well-known for its strong community and good academic standards. It's also near DFW Airport for jet setters. There's always something fresh to discover in Southlake. Living in Southlake provides homeowners with a rural feel, and most locals own their houses. So how much would it cost you to live in this city?
Cost of Living in Southlake, TX
If you want to call South Lake Texas home, the median property price is currently 1.1 million dollars, which is much higher in terms of budget.
Grapevine, TX
Grapevine, Texas, is located near Dallas. I bring up Grapevine because it serves as a popular gateway for residents in the DFW area. Due to the great wolf lodge waterpark, the Gaylord Texan resort, Legoland, discovery center, grapevine vintage train, marine life grapevine aquarium, and a ton more for parents with little children, the area also offers fireworks in the summer on Friday evenings. These indoor choices are helpful, particularly in the sweltering Texas months.
Cost of Living in Grapevine, TX
The median home price in Grapevine in April was $479,000, which may appeal to those who want to be close to activities.
Dallas, TX
While the DFW suburbs are lovely, I would be remiss if I did not mention that Dallas is one of the best places to live. This sophisticated city is ideal for professionals who like nightlife. There may be traffic throughout the day, but you will be surrounded by fantastic restaurants, high rises, a wealth of career prospects, and everything in between.
Cost of Living in Dallas, TX
The median home price in downtown Dallas is $560,000, but it may go much higher depending on the sort of residence you seek.
Fort Worth, TX
Fort Worth is a good option to consider if you're searching for a neighboring city with a cheaper cost of living. Although there isn't much to do in fort worth per se, it's only 32.1 miles from downtown Dallas, which is not a very difficult commute. Fort Worth has a zoo, safari splash, and botanical gardens if you have children or are still a kid at heart. Both the Sundance Square splash pad and the Fort Worth Water Gardens are nearby.
Cost of Living in Fort Worth, TX
In Fort Worth, the average cost of a house is around $345,000.
San Antonio, TX
San Antonio, which is known for the Alamo, and the San Antonio Riverwalk, also known as the Paseo Del Rio, is another location to take into account. Even though these locations are enjoyable to visit, if I were to live in San Antonio, I'd like to be close to the Pearl District, one of my favorite neighborhoods with various independently run restaurants and retail stores.
Cost of Living in San Antonio, TX
San Antonio's median home price is $295,000, and it is rising by 16.2 percent annually.
Austin, Tx
I have a lot to say about Austin, Texas, having lived there and worked there as a realtor.
For starters, Austin is routinely rated as one of the greatest cities to live in and was recently ranked as the top location for housing growth and stability by smartasset.com. As one of the U.S.'s fastest expanding tech hubs, it is also known as the live music center of the globe. Among all the Texas cities, this is the one you should consider moving to if you are a founder or are planning to launch a firm. Additionally, you may engage in a thriving and encouraging tech community, which explains why so many people are coming here.
Cost of Living in Austin, TX
It costs a lot of money to reside in the area with the highest housing expansion and stability rate. For example, the median home price in Austin exceeds $630,000, which is absurdly high in such a short time.
Leander, TX
Leander is close to Austin. Leander should be taken into account while relocating to the Austin region for numerous reasons. There are many activities to engage in and upcoming development initiatives, and it has a small-town atmosphere. Leander, Texas, is 22 miles northwest of Austin and is the home of the renowned Leander ISD school system. In addition to expanding business demand, there are natural attractions and a commuter train to downtown Austin. Leander, Texas, 78641 is the second most famous zip code in the US, according to statistics reviewed by Opendoor, and it ranks fifth on Homes.com's list of the finest suburbs to relocate to. So what will this cost you?
Cost of Living in Leander, TX
The average home costs $550,000, and that number is rising.
Waco, Tx
Waco is about one and a half hours north of Austin and provides a simple commute, reasonable housing, year-round outdoor recreation opportunities, a selection of schools, wonderful shopping and restaurants, the Magnolia Market and Silos, and a central position in the heart of Texas. Waco is also halfway between Austin and Dallas, which offers many opportunities for day excursions.
Cost of Living in Waco, TX
The median home price in Waco is about 250,000.
Houston, TX
If you're thinking about relocating to Houston, I recommend the Woodlands. The Woodlands was ranked first on niche.com's list of the most acceptable cities to live in this year, considering affordability, the local housing market, neighborhood diversity, public schools, and walkability. There is no doubt that the area is an excellent place to live, raise a family, and work.
Cost of Living in Houston, TX
To live in this Houston suburb, you must be prepared to pay at least $580,000.
Texas Hill Country
Finally, I'd want to discuss the Texas Hill Country, which is home to several of the locations I've already mentioned. Given its geographic position, temperature, topography, and vegetation, Hill Country communities enjoy lovely summers with little to no humidity, making the area much more pleasant. So how much would living in this heavenly location cost you?
Cost of Living in the Texas Hill Country
The cost of living in this celestial realm mostly depends on your housing preferences. Austin, a portion of the Hill Country, is unquestionably on the upper end, with a median home price of $630,000 or more. At the same time, New Braunfels and San Antonio both have median home prices of $480,781 and $295,000, respectively.
How can you become a resident of Texas?
It's simple: create an address, change your records, and meet the duration of stay criteria to indicate your commitment to making Texas your permanent home.