Cost of Living in Westlake, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
324.6
100 = national avg
+224.6 vs national average
Living Wage (1 Adult)
$142,846
per year
Living Wage (Family of 4)
$337,636
per year
Cost Index by Category
Housing400.0
Food200.0
Transportation382.2
Healthcare200.0
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Westlake is 324.6, which is 224.6% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $142,846 per year to cover basic expenses.