Cost of Living in Round Rock, TX



Round Rock, Texas, is often hailed as one of the best places to live in the Lone Star State. Located just north of Austin, this vibrant city offers a unique blend of suburban tranquility and urban amenities. Whether you're considering a move for career opportunities, family life, or simply a change of scenery, understanding the cost of living in Round Rock, Texas, is crucial.

The city is known for its high quality of life, excellent schools, a thriving job market, and various recreational activities. As more people discover the benefits of living here, the demand for housing and services continues to grow. This has led to a flourishing market for Round Rock, TX, moving companies, making relocations easier and more efficient for new residents.

Understanding the cost of living in Round Rock, Texas, involves looking at various factors, including housing, utilities, food, transportation, healthcare, education, and taxes. While some expenses may be higher than the national average, others offer significant savings, such as the absence of a state income tax. 

This comprehensive guide will help you navigate these costs, giving you a clear picture of what to expect when moving to this dynamic city. Whether you're drawn by the job opportunities, the excellent schools, or the vibrant community life, Round Rock has much to offer while maintaining a manageable cost of living.

Housing Costs

Housing is typically the most significant part of the cost of living, and Round Rock is no exception. The city offers a variety of housing options, from single-family homes in sprawling neighborhoods to modern apartments closer to the city center.

Buying a Home

As of 2024, the median home price in Round Rock is around $400,000. While this might seem steep compared to national averages, it's relatively affordable compared to nearby Austin. The housing market here is competitive but still offers opportunities for first-time buyers and those looking to upgrade.

Homes in Round Rock vary widely in style and price. Charming older homes with large yards in established neighborhoods and new constructions with all the modern amenities are available. The areas around Brushy Creek and Behrens Ranch are trendy for families due to their excellent schools and community parks.

For those considering buying, it's also essential to factor in property taxes, which can be higher than the national average. The property tax rate in Round Rock is approximately 2.1%, meaning on a $400,000 home, you can expect to pay around $8,400 annually in property taxes.

Renting

For those still waiting to buy, renting is a viable option. The average rent for a one-bedroom apartment is about $1,200 per month, while a two-bedroom unit averages $1,500. These prices vary based on location, amenities, and the property's age. Suburban areas are more affordable, whereas units closer to the city center come with a premium.

In addition to base rent, potential renters should budget for utilities, which often need to be included. Apartments in newer complexes might offer amenities like gyms, pools, and communal workspaces, which can add value but also come with additional costs.

Utilities and Services

Beyond rent or mortgage payments, you'll need to budget for utilities. These costs can vary, but here's a general idea of what you can expect.

Electricity and Gas

The hot Texas summers mean high electricity bills, particularly for air conditioning. On average, residents spend about $150 to $200 monthly on electricity—natural gas costs, used primarily for heating and cooking, average around $50 per month.

Energy efficiency can significantly impact these costs. Homes and apartments with good insulation, energy-efficient windows, and modern HVAC systems will have lower utility bills. Many residents also invest in smart thermostats to better manage their energy use.

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Water and Trash

Water bills in Round Rock average $30 to $50 per month, depending on usage. Trash collection services are usually included in your water bill or charged at about $15 to $20 monthly.

Water conservation is encouraged in Round Rock, with incentives for using drought-resistant landscaping and efficient irrigation systems. The city also offers recycling services, often included in the trash collection fee.

Groceries and Dining

Food is another essential component of the cost of living in Round Rock, Texas. Whether you prefer cooking at home or dining out, you'll find various options.

Groceries

Grocery costs are in line with the national average. A family of four might spend around $700 to $800 monthly on groceries. Popular grocery stores like H-E-B, Walmart, and Costco offer competitive prices and frequent sales.

Farmers' markets are also a great option for fresh, local produce. The Round Rock Farmers Market operates year-round and offers a variety of fruits, vegetables, meats, and baked goods.

Dining Out

Round Rock boasts a variety of dining options, from casual eateries to upscale restaurants. A meal at an inexpensive restaurant might cost around $12, while a three-course meal for two at a mid-range restaurant can cost about $50 to $70. Fast food and coffee shop prices are comparable to those found nationwide.

Local favorites include Jack Allen's Allen's Kitchen for upscale Texas cuisine and Salt Lick BBQ for authentic Texas barbecue. The Brass Tap offers a wide selection of craft beers and pub food for casual dining.

Transportation

Whether you own a car or rely on public transportation, getting around Round Rock has associated costs.

Owning a Car

Given the city's layout and convenience, most residents own a car. Gasoline prices in Texas are generally lower than the national average, currently around $3 per gallon. Car insurance rates vary based on your driving history and the type of car, but you can expect to pay around $1,200 annually.

Maintenance costs, including regular oil changes, tire rotations, and unexpected repairs, should also be considered. The mild climate means you won't have to worry much about severe winter weather, which can reduce some car maintenance costs.

Public Transportation

While Round Rock has a public transit system, it is less extensive than those in larger cities. The Capital Metro bus service connects Round Rock with Austin, and a monthly pass costs about $40. However, most residents find it more convenient to drive.

Biking is another viable option, with several bike-friendly trails and lanes throughout the city. The Brushy Creek Regional Trail is a popular commuting route and recreation route.

Healthcare

Access to quality healthcare is an essential aspect of living in any city. Round Rock offers various medical services, varying costs based on your insurance coverage and the type of care you need.

Medical Services

Routine doctor visits typically cost around $100 to $150 without insurance. Dental checkups average about $75 to $100, while more specialized services, such as visits to a specialist, can be more expensive. Health insurance significantly reduces out-of-pocket expenses, with many employers offering comprehensive plans.

Round Rock is home to several top-rated hospitals, including St. David's Round Rock Medical Center and Baylor Scott & White Medical Center. These facilities provide various services, from emergency care to specialized treatments.

Education

For families with children, education is a top priority. Round Rock is served by the Round Rock Independent School District (RRISD), known for its high-quality education.

Public Schools

Public schools in Round Rock are highly rated, with many offering advanced placement programs and extracurricular activities. Residents have no tuition fees, but you must budget for supplies, extracurricular activities, and field trips.

Schools like Round Rock High School and Westwood High School are recognized for their academic excellence and robust athletic programs. The district's commitment to education makes it a significant draw for families considering moving to the area.

Private Schools and Higher Education

If you prefer private education, Round Rock has several private schools, with tuition ranging from $5,000 to $20,000 per year. The city is also home to higher education institutions like Texas State University Round Rock Campus, offering various degree programs.

These institutions provide continuing education and professional development opportunities, making Round Rock a hub for lifelong learning.

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Entertainment and Leisure

Life isn't all about work and bills—entertainment and leisure are important, too. Round Rock offers a variety of recreational activities and entertainment options to suit all interests.

Parks and Recreation

Round Rock boasts numerous parks and recreational facilities. The cost of accessing these facilities is generally low, with many parks offering free admission. The Round Rock Sports Center and Dell Diamond, home of the Round Rock Express minor league baseball team, provide affordable entertainment options.

Old Settlers Park is a local favorite, offering over 645 acres of space for sports, picnics, and events. The park also features a fishing lake, trails, and a disc golf course.

Shopping and Entertainment

The city has several shopping centers, including the Round Rock Premium Outlets, where you can find discounts on popular brands. Movie tickets cost around $10 to $12, and there are plenty of local theaters and music venues to explore.

The Downtown Round Rock area is also great for shopping and dining, with unique boutiques, bars, and restaurants. The city's vibrant art scene includes galleries, live music events, and theater performances.

Taxes

Understanding the tax landscape is crucial for anyone considering a move. Texas has no state income tax, a significant financial benefit for residents.

Property Taxes

Property taxes in Round Rock are higher than the national average, at around 2.1% of the property's assessed value. This is something to consider if you're planning to buy a home.

Despite the higher property taxes, many residents find that the absence of a state income tax and the quality of public services justify the cost. Property taxes fund local schools, infrastructure, and public safety, contributing to the high quality of life in Round Rock.

Sales Taxes

The combined state and local sales tax rate in Round Rock is 8.25%. This includes the Texas state sales tax of 6.25% and the regional rate of 2%.

Sales tax applies to most goods and services, so it's a factor to consider when budgeting for daily expenses. However, essential items like groceries and medications are exempt from sales tax, helping to reduce the overall cost burden.

Conclusion

The cost of living in Round Rock, Texas, is influenced by various factors, including housing, utilities, food, transportation, healthcare, education, and taxes. While some expenses are higher than the national average, others, such as the absence of a state income tax, provide significant savings. 

Overall, Round Rock offers a balanced cost of living with numerous amenities, making it an attractive option for individuals and families looking to relocate. Whether you're drawn by the city's job opportunities, excellent schools, or vibrant community life, Round Rock has much to offer while maintaining a manageable cost of living.

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