Cost of Living in Georgetown, TX

Population 78,803 · Texas · Data vintage 2023

129
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Georgetown cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $399,000, rents near $1,671 a month.

Located 10 miles north of Round Rock, Georgetown falls within that metro's commuting orbit. Housing prices track closely with Round Rock's $384,000 median.

Cost Overview

Housing 131
Rent 127

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

About the Cost of Living in Georgetown

The median home value in Georgetown is $398,600 — 31% above the national median of $305,000. Median rent runs $1,671/month, 27% higher than the national median of $1,314/month. The median household income of $91,857/year is 23% higher than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.6°F and lows of 57.2°F. Overall, Georgetown has a cost of living index of 129 versus the US average of 100, meaning it is 29% more expensive.

🏠 Housing

Median Home Value
$398,600
31% above avg
Zillow Home Value
$428,451
Zillow ZHVI
Median Rent
$1,671/mo
27% above avg
Zillow Rent
$1,581/mo
Zillow ZORI
Price-to-Rent Ratio
19.9x
Favors buying
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 69.4%
Renter-occupied 30.6%

💰 Estimated Monthly Budget

Rent median rent
$1,671
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,285/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
29.5 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
22.2%

Commute Mode

Drove alone
66.2%
Carpooled
8.9%
Public transit
0.1%
Walked
1.1%
Bicycle
0.3%
Work from home
22.2%

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
$91,857
23% above avg
Per Capita Income
$50,783
Unemployment Rate
5.2%
7% above avg
Poverty Rate
7.5%
Labor Force Participation
55.7%

🎓 Education

Bachelor's degree+ 28.2%
Graduate degree 18.9%

👥 Demographics

Median Age 44.3
Male median age 42.4
Female median age 46.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.6°F
Avg Low
57.2°F
Annual Precip
33"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 606371788491949588796861
Low °F 404350576471737368604941
Precip" 1.852.082.672.904.022.802.012.893.193.512.852.26

Frequently Asked Questions

What is the cost of living in Georgetown, TX?

Georgetown has a cost index of 129 (100 = national average). It is 29% above the national average.

What is average rent in Georgetown, TX?

The median gross rent in Georgetown is $1,671 per month based on 2023 Census data.

What is the average home price in Georgetown?

The median home value in Georgetown is $398,600 according to Zillow and Census data.

What is the median income in Georgetown?

The median household income in Georgetown is $91,857 per year (2023 ACS 5-year estimates).

What is the sales tax in Georgetown, TX?

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

Is Georgetown, TX affordable?

Georgetown is above average in cost of living, with an index of 129 — about 29% higher than the national average.

What is the weather like in Georgetown?

Georgetown has average high temperatures of 77.6°F and average lows of 57.2°F. Annual precipitation is 33". Data from NOAA 1991–2020 Climate Normals.

Georgetown at a Glance

Population
78,803
Median Income
$91,857
Home Value
$398,600
Median Rent
$1,671/mo
Unemployment
5.2%
Avg High Temp
77.6°F
Sales Tax
8.2%
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