Cameron cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCameronTexasNational
Cost of living index7790100
IndexCameronTexasNational
Goods & Services index9094100
Groceries index7989100
Health care index9795100
Housing index4681100
Transportation index8993100
Utilities index10295100
Here we can see a simple outline of the cost of living in Cameron, TX. As you can see, with the average cost of living in Cameron, TX being 77, that puts it 14% lower than the average of Texas and 23% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Cameron, TX, the price of goods and services are 5% lower than the average of Texas as well as 10% lower than the nation's average.

Did you know?

  • The cost of living in Cameron is 14% lower than the Texas average.
  • The cost of living in Cameron is 23% lower than the national average.
  • The cost of housing in Cameron is 54% lower than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

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Compare Cameron, TX Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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Transportation index
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Use the salary calculator to compare your current salary in Cameron, TX to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Cameron, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Cameron, TX salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$53,354$4,446$1,245$1,601
Renters$19,435$1,620$453$583
One can approximate the cost of living and the housing affordability in Cameron, TX by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Cameron, TX have a median income of $53,354. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,245 per month to avoid calamity and poverty. The renters in the city have an income of about $19,435, which would make their monthly maximum allowable rental costs $453.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
When you are determining the total cost of living in Cameron, TX you will want to make sure you consider both the Texas sales tax and the Texas income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Texas is 6.25%, with the highest surtax being 8.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Texas have a range from 0% to 0%.

Goods & Services

ItemCameronNational avg.Difference
Haircut $13.48$15.5613.4%
Beauty Salon $37.05$36.112.6%
Toothpaste $1.85$2.4725.2%
Shampoo $0.75$0.9622.3%
Movie $8.44$10.1316.6%
Bowling $5.25$4.7410.8%

Groceries

ItemCameronNational avg.Difference
Ground Beef $3.17$3.9820.4%
Fried Chicken $0.95$1.4132.7%
Milk $1.58$2.0623.3%
Potatoes $1.63$2.9845.2%
Pizza $8.99$9.475.1%
Beer $8.79$8.790.0%

Health Care

ItemCameronNational avg.Difference
Optometrist $87.96$101.0413.0%
Doctor $123.50$107.4414.9%
Dentist $77.93$90.4213.8%
Ibuprofen $7.97$9.2814.1%
Lipitor $434.92$426.502.0%

Housing

ItemCameronNational avg.Difference
Home Price $69,900.00$175,700.0060.2%
Avg. Mortgage Payment $790.41$1,133.2330.3%
Apartment Rent $571.00$920.0037.9%

Transportation

ItemCameronNational avg.Difference
Gasoline $1.72$1.9913.8%
Tire Balancing $43.91$45.764.0%

Utilities

ItemCameronNational avg.Difference
All Electricity$180.85$163.8110.4%
Phone $26.00$28.398.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Buckholts, TX52573-27%
Rosebud, TX1,37774-26%
Milano, TX48975-25%
Rockdale, TX5,50677-23%
Rogers, TX94977-23%
Cameron, TX5,44577-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Worland, WY5,44589-11%
Jamul, CA5,44516464%
Laie, HI5,44719292%
Mount Carmel, TN5,44396-4%
Nephi, UT5,44293-7%
Cameron, TX5,44577-23%
Source: The Cameron, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.