The cost of living in San Antonio is below the national average by 7.5 percent, making moving to this city an affordable option for many. With affordable real estate and lower than average rents, combined with big city amenities and a small-town atmosphere, it's no surprise that San Antonio is booming. The Dallas Federal Reserve Bank reported in October that housing affordability in San Antonio had followed a national trend. If you're not comfortable with the average rent in San Antonio or aren't sure if this city is right for you, you still have plenty of options.
Having a basic idea of how much you spend each month on these items can give you a good idea of whether you can afford the average rent in San Antonio. In addition to the city's mostly flat topography, you'll also have access to San Antonio B-Cycle, which is a bike-sharing program that has more than 50 stations across the city. They can increase their costs quickly and dramatically every month, including the average rent in San Antonio. That's why Verónica Soto, director of the City's Neighborhood and Housing Services department, said she's not surprised that San Antonio is on that list.
You'll know that move is within budget, allowing you to not only live comfortably in San Antonio, but also thrive in your new hometown. You might be able to find the apartment of your dreams at an affordable price (that doesn't consume half your income) in a city like San Antonio. Non-essential goods and services can dramatically increase the cost of living in San Antonio if you're not careful. As housing costs have increased in San Antonio over the past 10 years, due to both inflation and gentrification, so have property tax valuations, Soto said.
In August, the final report of the Mayor's Housing Policy Working Group showed that not only are housing costs in San Antonio rising faster than wages, but that the cost of health care is also outpacing income growth. And GoBankingRates reported that San Antonio is among the 10 cities where the cost of living is rising the fastest. McHugh's travels through Spain have served as an inexhaustible inspiration for both his restaurants in San Antonio and for his next Austin concept, Luminaire.
