Westlake, TX Cost of Living


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How much do I need to live in Westlake, Texas?
$29,250 / month
for a family, 441.7% more expensive than the national average A total of $351,000 for the year for a family.
$4,933 / month
for a single person, 3.5% more expensive than the national average A total of $59,200 for the year for a single person.

Westlake cost of living score
101.5
More expensive
1.5% higher
than the US average
7.7% higher
than the Texas average
Westlake, Texas gets a BestPlaces Cost of Living score of 101.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.5% higher than the U.S. average and 7.7% higher than the average for Texas.

Westlake, TX

Housing costs in Westlake?
A typical home costs $1,832,500, which is 442.0% more expensive than the national average of $338,100 and 515.8% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Westlake costs $1,750 per month, which is 22.4% more than the national average of $1,430 and 26.9% more than the state average of $1,280.

Can I afford Westlake?
To live comfortably in Westlake, Texas, a minimum annual income of $351,000 for a family, and $59,200 for a single person is recommended.

What does A.I. say about Westlake?
Westlake, TX is an affluent suburb of Dallas and offers a high quality of life. It has some of the highest property taxes in the state, but homeownership is still affordable due to low mortgage rates. The cost of living in Westlake is higher than the national average due to higher housing costs, however, groceries, health care, utilities, and transportation are lower than average. With its excellent schools and highly desirable location near vibrant downtown Dallas, it’s no wonder why Westlake is such a popular residential destination.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWestlakeTexasUnited States
    Unlock94.2100.0
  104.1  Unlock100.0
    Unlock100.0100.0
  627.9  Unlock100.0
    Unlock$297,600$338,100
  100.3  Unlock100.0
    Unlock103.3100.0
  109.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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