Floydada 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.
IndexFloydadaTexasNational
Cost of living index7691100
IndexFloydadaTexasNational
Goods & Services index9497100
Groceries index9190100
Health care index10196100
Housing index4181100
Transportation index8895100
Utilities index8194100

Did you know?

  • The cost of living in Floydada is 16% lower than the Texas average.
  • The cost of living in Floydada is 24% lower than the national average.
  • The cost of housing in Floydada is 59% 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 Floydada, TX Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$42,266$3,522$986$1,268
Renters$26,047$2,171$608$781

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%

Goods & Services

ItemFloydadaNational avg.Difference
Haircut $13.00$14.5910.9%
Beauty Salon $42.00$34.6821.1%
Toothpaste $1.82$2.4726.4%
Shampoo $0.89$1.0212.9%
Movie $9.00$9.878.8%
Bowling $4.31$4.391.9%

Groceries

ItemFloydadaNational avg.Difference
Ground Beef $4.93$4.4810.1%
Fried Chicken $1.27$1.4613.3%
Milk $2.73$2.3615.8%
Potatoes $3.36$3.069.8%
Pizza $8.00$9.2413.4%
Beer $8.93$8.633.4%

Health Care

ItemFloydadaNational avg.Difference
Optometrist $107.00$99.787.2%
Doctor $111.63$105.036.3%
Dentist $82.36$88.707.1%
Ibuprofen $8.88$9.415.7%
Lipitor $317.18$298.506.3%

Housing

ItemFloydadaNational avg.Difference
Home Price $50,200.00$175,700.0071.4%
Avg. Mortgage Payment $871.14$1,081.0319.4%
Apartment Rent $655.00$920.0028.8%

Transportation

ItemFloydadaNational avg.Difference
Gasoline $1.79$2.0914.5%
Tire Balancing $43.38$45.294.2%

Utilities

ItemFloydadaNational avg.Difference
All Electricity$130.05$170.8023.9%
Phone $25.00$28.2611.5%
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.
Petersburg, TX1,22475-25%
Lockney, TX1,87876-24%
Floydada, TX2,94676-24%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Yadkinville, NC2,94696-4%
Silt, CO2,94611212%
Wynantskill, NY2,9461066%
Ladonia, AL2,94788-12%
Cut Bank, MT2,94787-13%
Floydada, TX2,94676-24%
Source: The Floydada, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.