Clyde 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.
IndexClydeTexasNational
Cost of living index8490100
IndexClydeTexasNational
Goods & Services index9794100
Groceries index9189100
Health care index9795100
Housing index6381100
Transportation index9593100
Utilities index7595100
Displayed above is a general overview of the Clyde, TX cost of living index. The overall cost of living index in Clyde, TX is 84, which is 7% lower than the Texas average and 16% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Clyde, TX are 3% higher than the Texas average and 3% lower than the national average.

Did you know?

  • The cost of living in Clyde is 7% lower than the Texas average.
  • The cost of living in Clyde is 16% lower than the national average.
  • The cost of housing in Clyde is 37% 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 Clyde, TX Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Clyde, 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 Clyde, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Clyde, 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$47,365$3,947$1,105$1,421
Renters$39,250$3,271$916$1,178
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Clyde, TX as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Clyde, TX homeowners, is $47,365. This would allow for a maximum of $1,105 per month to be spent on housing costs. For renters, the median monthly income is $39,250 which would result in a maximum of $916 to be spent on rental costs.

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 Clyde, 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

ItemClydeNational avg.Difference
Haircut $15.26$15.562.0%
Beauty Salon $41.44$36.1114.8%
Toothpaste $2.47$2.470.3%
Shampoo $0.83$0.9614.4%
Movie $9.09$10.1310.3%
Bowling $3.28$4.7430.8%

Groceries

ItemClydeNational avg.Difference
Ground Beef $4.45$3.9811.7%
Fried Chicken $1.23$1.4112.3%
Milk $1.78$2.0613.6%
Potatoes $2.47$2.9817.2%
Pizza $9.04$9.474.5%
Beer $8.79$8.790.0%

Health Care

ItemClydeNational avg.Difference
Optometrist $124.17$101.0422.9%
Doctor $99.96$107.447.0%
Dentist $79.11$90.4212.5%
Ibuprofen $8.89$9.284.2%
Lipitor $476.05$426.5011.6%

Housing

ItemClydeNational avg.Difference
Home Price $82,900.00$175,700.0052.8%
Avg. Mortgage Payment $1,021.99$1,133.239.8%
Apartment Rent $907.00$920.001.4%

Transportation

ItemClydeNational avg.Difference
Gasoline $1.86$1.996.9%
Tire Balancing $45.99$45.760.5%

Utilities

ItemClydeNational avg.Difference
All Electricity$115.94$163.8129.2%
Phone $23.33$28.3917.8%
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.
Impact, TX993-7%
Baird, TX1,77577-23%
Abilene, TX120,77684-16%
Potosi, TX3,3351033%
Clyde, TX3,72384-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Aledo, IL3,72485-15%
Village Green, NY3,72289-11%
Newport, SC3,7241000%
South Toms River, NJ3,72211515%
Bardonia, NY3,72114242%
Clyde, TX3,72384-16%
Source: The Clyde, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.