Cost of Living in Lago Vista, TX

Population 9,341 · Texas · Data vintage 2023

117
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Lago Vista a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $380,000. At 6.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 20 miles northwest of Austin, Lago Vista falls within that metro's commuting orbit. Median home values run roughly 26% lower than Austin's $513,000.

Cost Overview

Housing 125
Rent 105

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

About the Cost of Living in Lago Vista

The median home value in Lago Vista is $380,200 — 25% above the national median of $305,000. Median rent runs $1,379/month, 5% higher than the national median of $1,314/month. The median household income of $110,388/year is 48% higher than the US median of $74,580. The local unemployment rate is 6.8%, 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, Lago Vista has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.

🏠 Housing

Median Home Value
$380,200
25% above avg
Zillow Home Value
$202,276
Zillow ZHVI
Median Rent
$1,379/mo
5% above avg
Zillow Rent
$1,944/mo
Zillow ZORI
Price-to-Rent Ratio
23.0x
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 87.7%
Renter-occupied 12.3%

💰 Estimated Monthly Budget

Rent median rent
$1,379
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,993/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
36.7 min
36% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.4%

Commute Mode

Drove alone
67.1%
Carpooled
6.0%
Walked
1.5%
Work from home
23.4%

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
$110,388
48% above avg
Per Capita Income
$57,323
Unemployment Rate
6.8%
41% above avg
Poverty Rate
8.5%
Labor Force Participation
55.1%

🎓 Education

Bachelor's degree+ 26.4%
Graduate degree 19.0%

👥 Demographics

Median Age 50.6
Male median age 48.2
Female median age 51.7

🌤 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

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
40.3%
Good air days/yr
122
Max AQI recorded
254
PM2.5 days
107
Ozone days

Frequently Asked Questions

What is the cost of living in Lago Vista, TX?

Lago Vista has a cost index of 117 (100 = national average). It is 17% above the national average.

What is average rent in Lago Vista, TX?

The median gross rent in Lago Vista is $1,379 per month based on 2023 Census data.

What is the average home price in Lago Vista?

The median home value in Lago Vista is $380,200 according to Zillow and Census data.

What is the median income in Lago Vista?

The median household income in Lago Vista is $110,388 per year (2023 ACS 5-year estimates).

What is the sales tax in Lago Vista, TX?

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

Is Lago Vista, TX affordable?

Lago Vista is above average in cost of living, with an index of 117 — about 17% higher than the national average.

What is the weather like in Lago Vista?

Lago Vista 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.

Lago Vista at a Glance

Population
9,341
Median Income
$110,388
Home Value
$380,200
Median Rent
$1,379/mo
Unemployment
6.8%
Avg High Temp
77.6°F
Sales Tax
8.2%
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