Cost of Living

A critical factor in deciding where to establish a new business operation and/or where to be employed are the costs associated with the community or region you are considering. 

Cost of Living

Overall, Texas offers a cost of living well below the national average. Major metropolitan markets will tend to have a higher cost of living compared to the communities found in the Texas Innovation Corridor. In the indexes list below, the cost of living in San Marcos is more than 3% below the national average. Home prices also tend to be more attractive.

$540k
Austin, TX: Median Home Price
$399k
Hays County: Median Home Price
$321k
Caldwell County: Median Home Price

Taxes

The tax structure is fair, competitive and designed to make companies feel welcome. Texas is one of only a handful of states with no individual income tax (a very attractive environment for transferring employees). The Texas Innovation Corridor is an ideal environment to relocate and expand your operation.

Local tax rates are established by individual cities, counties, school districts and other special districts, and are administered by the County Tax Assessor Collector.

Hays County Taxes

Hays County

$0.3899

City of San Marcos

$0.6139

City of Buda

$0.3423

City of Kyle

$0.5416

Hays CISD

$1.5377

San Marcos CISD

$1.4141

Caldwell County Taxes

Caldwell County

$0.7752

City of Lockhart

$0.7107

City of Luling

$0.5600

Lockhart ISD

$1.33236

Luling ISD

$1.1080

State Tax Rates

The state sales and use tax rate is 6.25%. Local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities) may also impose sales and use tax up to 2% for a total maximum combined rate of 8.25%.

  • State: 6.25% (.0625)

  • City: .25% (.0025) - 2% (.02), depending on local rate.

  • County: .5% (.005) - 1.5% (.015), depending on local rate.

  • Transit: .25% (.0025) - 1% (.01), depending on local rate.

  • Special Purpose Districts: .125% (.00125) - 2% (.02), depending on local rate.

For more information on State tax rates and other tax related information for the state of Texas, go to the Texas Comptroller of Public Accounts website.

Cost of Living Caculator

Contact for Cost of Living
Jessica Inacio
Senior Director of Business Attraction
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