Cost of Living in Cedar Park, TX

Population 77,474 · Texas · Data vintage 2023

147
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Cedar Park's cost indicators track within a reasonable band of national figures, with median household incomes near $123,972 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Cedar Park sits roughly 10 miles west of Round Rock — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% higher than Round Rock's $384,000.

Cost Overview

Housing 156
Rent 133

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Cedar Park

The median home value in Cedar Park is $474,800 — 56% above the national median of $305,000. Median rent runs $1,753/month, 33% higher than the national median of $1,314/month. The median household income of $123,972/year is 66% higher than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.5°F and lows of 59.4°F. Overall, Cedar Park has a cost of living index of 147 versus the US average of 100, meaning it is 47% more expensive.

🏠 Housing

Median Home Value
$474,800
56% above avg
Zillow Home Value
$468,718
Zillow ZHVI
Median Rent
$1,753/mo
33% above avg
Zillow Rent
$1,529/mo
Zillow ZORI
Price-to-Rent Ratio
22.6x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 67.3%
Renter-occupied 32.7%

💰 Estimated Monthly Budget

Rent median rent
$1,753
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,367/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.7 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
27.8%

Commute Mode

Drove alone
60.6%
Carpooled
7.4%
Public transit
0.6%
Walked
1.2%
Bicycle
0.5%
Work from home
27.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$123,972
66% above avg
Per Capita Income
$54,836
Unemployment Rate
4.0%
16% below avg
Poverty Rate
5.7%
Labor Force Participation
71.1%

🎓 Education

Bachelor's degree+ 36.8%
Graduate degree 18.4%

👥 Demographics

Median Age 37.5
Male median age 37.1
Female median age 38

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
80.5°F
Avg Low
59.4°F
Annual Precip
36.2"
Annual Snowfall
0.2"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 636773808793979891837264
Low °F 424652596773757570615143
Precip" 2.641.892.882.425.043.681.962.743.453.912.922.72
Snow" 0.00.20.00.00.00.00.00.00.00.00.00.0

Frequently Asked Questions

What is the cost of living in Cedar Park, TX?

Cedar Park has a cost index of 147 (100 = national average). It is 47% above the national average.

What is average rent in Cedar Park, TX?

The median gross rent in Cedar Park is $1,753 per month based on 2023 Census data.

What is the average home price in Cedar Park?

The median home value in Cedar Park is $474,800 according to Zillow and Census data.

What is the median income in Cedar Park?

The median household income in Cedar Park is $123,972 per year (2023 ACS 5-year estimates).

What is the sales tax in Cedar Park, TX?

The combined state and local sales tax rate in Cedar Park is 8.2%. Texas has no state income tax.

Is Cedar Park, TX affordable?

Cedar Park is above average in cost of living, with an index of 147 — about 47% higher than the national average.

What is the weather like in Cedar Park?

Cedar Park has average high temperatures of 80.5°F and average lows of 59.4°F. Annual precipitation is 36.2". Average annual snowfall is 0.2". Data from NOAA 1991–2020 Climate Normals.

Cedar Park at a Glance

Population
77,474
Median Income
$123,972
Home Value
$474,800
Median Rent
$1,753/mo
Unemployment
4.0%
Avg High Temp
80.5°F
Sales Tax
8.2%
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