Citrus City 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.
IndexCitrus CityTexasNational
Cost of living index6790100
IndexCitrus CityTexasNational
Goods & Services index7694100
Groceries index8289100
Health care index7695100
Housing index3681100
Transportation index8293100
Utilities index9195100
An overview of the general cost of living index for Citrus City, TX is displayed above for your reference. Residents in Citrus City, TX enjoy a cost of living index of 67. This index is 25% lower than the Texas average, and 33% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Citrus City, TX, the average cost of goods and services is 19% lower than it is in Texas, and it is 24% lower than the national average.

Did you know?

  • The cost of living in Citrus City is 25% lower than the Texas average.
  • The cost of living in Citrus City is 33% lower than the national average.
  • The cost of housing in Citrus City is 64% 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 Citrus City, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Citrus City, TX to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Citrus City, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Citrus City, TX salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$20,428$1,702$477$613
Renters$15,526$1,294$362$466
The affordability of the housing market in Citrus City, TX as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Citrus City, TX homeowners, the median income is $20,428. This indicates that a monthly maximum of $477 should be spent by homeowners on all housing related costs. Renters have a median income of $15,526. This indicates that renters should have a maximum of $362 used for their rent related monthly costs.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
For those who live in Citrus City, TX and want to know what the true cost of living is, they ought to look at both the Texas income tax rate and the Texas sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Texas, the sales tax is 6.25%, while the most you'll pay in surtax is 8.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Texas, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemCitrus CityNational avg.Difference
Haircut $12.50$15.5619.7%
Beauty Salon $25.00$36.1130.8%
Toothpaste $1.93$2.4722.1%
Shampoo $0.84$0.9613.0%
Movie $10.25$10.131.2%
Bowling $4.25$4.7410.2%

Groceries

ItemCitrus CityNational avg.Difference
Ground Beef $2.73$3.9831.5%
Fried Chicken $1.06$1.4124.9%
Milk $1.96$2.065.0%
Potatoes $1.77$2.9840.5%
Pizza $8.00$9.4715.6%
Beer $8.18$8.797.0%

Health Care

ItemCitrus CityNational avg.Difference
Optometrist $78.61$101.0422.2%
Doctor $62.78$107.4441.6%
Dentist $64.22$90.4229.0%
Ibuprofen $7.97$9.2814.1%
Lipitor $438.49$426.502.8%

Housing

ItemCitrus CityNational avg.Difference
Home Price $49,000.00$175,700.0072.1%
Avg. Mortgage Payment $778.67$1,133.2331.3%
Apartment Rent $494.00$920.0046.3%

Transportation

ItemCitrus CityNational avg.Difference
Gasoline $1.76$1.9911.7%
Tire Balancing $30.39$45.7633.6%

Utilities

ItemCitrus CityNational avg.Difference
All Electricity$173.84$163.816.1%
Phone $19.99$28.3929.6%
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.
Gutierrez, TX3180-20%
Cuevitas, TX1680-20%
Elias-Fela Solis, TX2480-20%
Buena Vista, TX24980-20%
Nina, TX29980-20%
Citrus City, TX3,85367-33%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ravenswood, WV3,85383-17%
Thompsonville, PA3,8531066%
Highland Falls, NY3,85211515%
Medina, TN3,85294-6%
Williamston, MI3,85589-11%
Citrus City, TX3,85367-33%
Source: The Citrus City, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.