College Station 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.
IndexCollege StationTexasNational
Cost of living index9591100
IndexCollege StationTexasNational
Goods & Services index9697100
Groceries index8590100
Health care index9996100
Housing index10281100
Transportation index8995100
Utilities index9494100
A general overview of the cost of living index for College Station, TX is displayed above. In College Station, TX, the overall cost of living index is 95, which is 5% higher than the Texas average and 5% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of College Station, TX, the city's goods and services are 2% lower than the Texas average and 4% lower than the U.S. average.

Did you know?

  • The cost of living in College Station is 5% higher than the Texas average.
  • The cost of living in College Station is 5% lower than the national average.
  • The cost of housing in College Station is 2% higher 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.

Find Real Estate Listings In College Station

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In College Station

Compare College Station, 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
Use the salary calculator to compare your current income in College Station, TX to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of College Station, TX, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the College Station, TX salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$85,263$7,105$1,989$2,558
Renters$21,425$1,785$500$643
If you want to find a good determining factor for the cost of living and the general affordability of housing in College Station, TX, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In College Station, TX, the median monthly income is $85,263 for those who own their own homes. Under the standard rule, that income level would allow for $1,989 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $21,425, per the median income in the area. That would allow for renters to spend up to $500 on monthly rental expenses.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
One thing to keep in mind when considering the cost of living in College Station, TX is the Texas sales tax and Texas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Texas sales tax rate is 6.25% and the maximum surtax that can be charged is 8.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemCollege StationNational avg.Difference
Haircut $18.00$14.5923.3%
Beauty Salon $41.90$34.6820.8%
Toothpaste $1.86$2.4724.8%
Shampoo $0.87$1.0214.9%
Movie $9.50$9.873.7%
Bowling $3.95$4.3910.1%

Groceries

ItemCollege StationNational avg.Difference
Ground Beef $4.79$4.487.0%
Fried Chicken $1.15$1.4621.5%
Milk $2.17$2.367.9%
Potatoes $2.23$3.0627.2%
Pizza $8.66$9.246.3%
Beer $8.61$8.630.3%

Health Care

ItemCollege StationNational avg.Difference
Optometrist $96.00$99.783.8%
Doctor $96.33$105.038.3%
Dentist $91.60$88.703.3%
Ibuprofen $8.58$9.418.8%
Lipitor $308.38$298.503.3%

Housing

ItemCollege StationNational avg.Difference
Home Price $180,100.00$175,700.002.5%
Avg. Mortgage Payment $892.10$1,081.0317.5%
Apartment Rent $914.00$920.000.7%

Transportation

ItemCollege StationNational avg.Difference
Gasoline $1.88$2.0910.2%
Tire Balancing $38.79$45.2914.3%

Utilities

ItemCollege StationNational avg.Difference
All Electricity$162.05$170.805.1%
Phone $26.00$28.268.0%
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.
Lake Bryan, TX2,21181-19%
Snook, TX47482-18%
Bryan, TX78,36886-14%
Wixon Valley, TX24489-11%
Kurten, TX35190-10%
College Station, TX98,50595-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sandy Springs, GA98,48013232%
Albany, NY98,2871066%
Clovis, CA98,81511414%
Lewisville, TX99,0391044%
Roanoke, VA97,94987-13%
College Station, TX98,50595-5%
Source: The College Station, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.