Round Rock Represents
Pack your bags, y'all, we're moving north. According to a new survey from NerdWallet, Round Rock is the third most affordable city in the United States.
The financial website "investigated price variations to assess where a dollar stretches the furthest" in 100 U.S. cities. NerdWallet created indexes for income, cost of living, grocery, housing, utilities, transportation, health care, and goods and services.
In Round Rock, the median income of $68,959 (32 percent above average) is met with a below average cost of living. Residents of Round Rock enjoy below average costs for groceries, housing, utilities and transportation. And here's a fun fact for you: A bottle of white wine in Round Rock costs only $5.16, which is less than 98.7 percent of the other places in the survey.
Surprisingly, Austin is the No. 17 most affordable place in the U.S. Our median income of $54,331 (which is slightly above average) is complemented by below average costs for groceries, housing and transportation, says NerdWallet.
This isn't Round Rock's first time in the spotlight. Earlier this year Livability.com named Round Rock the best affordable place to live. The Austin suburb is in the sweet spot for affordability, balancing "higher than average salaries and lower than average home prices," says Livability.
NerdWallet named Plano the most affordable place in America, thanks to a high median income ($81,800) and a cost of living index that's slightly below average.
Other affordable Texas cities are Midland (No. 5), Temple (No. 20), Odessa (No. 21), Corpus Christi (No. 28) and Amarillo (No. 29).