They are in for a shock if they come to Texas thinking is cheaper. The property taxes and insurance on houses is crazy here and can be counted on to increase at 10% per year. I went back and looked at my homeowners policy from 2016 vs 2025 and I started out paying $1600 per year and just paid $4800 for worse coverage this year. No claims or anything, I don’t live near the coast, not in a flood zone, not in a forest, no history of damaging hail, roof was replaced in 2016.
Also having no state income tax doesn’t mean you take more home, it means companies adjust the salary so you basically take home the same or even less. Sales tax is also high, about the same as NYC and SF.
They are in for a shock if they come to Texas thinking is cheaper. The property taxes and insurance on houses is crazy here and can be counted on to increase at 10% per year. I went back and looked at my homeowners policy from 2016 vs 2025 and I started out paying $1600 per year and just paid $4800 for worse coverage this year. No claims or anything, I don’t live near the coast, not in a flood zone, not in a forest, no history of damaging hail, roof was replaced in 2016.
Also having no state income tax doesn’t mean you take more home, it means companies adjust the salary so you basically take home the same or even less. Sales tax is also high, about the same as NYC and SF.
Plus way less services.
I bet it is getting more expensive, but it probably hasn’t hit the same heights as silicon valley/san francisco where a small condo is 1mil.