Fort Stockton 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.
IndexFort StocktonTexasNational
Cost of living index8491100
IndexFort StocktonTexasNational
Goods & Services index10097100
Groceries index9090100
Health care index10396100
Housing index5381100
Transportation index9695100
Utilities index10094100
A general overview of the cost of living index for Fort Stockton, TX is displayed above. In Fort Stockton, TX, the overall cost of living index is 84, which is 7% lower than the Texas average and 16% 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 Fort Stockton, TX, the city's goods and services are 3% higher than the Texas average and equal to the U.S. average.

Did you know?

  • The cost of living in Fort Stockton is 7% lower than the Texas average.
  • The cost of living in Fort Stockton is 16% lower than the national average.
  • The cost of housing in Fort Stockton is 47% 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 Fort Stockton, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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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 Fort Stockton, 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 Fort Stockton, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Fort Stockton, 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$71,875$5,990$1,677$2,156
Renters$34,600$2,883$807$1,038
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Fort Stockton, TX, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Fort Stockton, TX homeowners have a median income of $71,875. Using that number, you will come up with a maximum of $1,677 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $34,600, which means there is a maximum of $807 to be spent on the costs of renting a home or apartment.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
When assessing the complete cost of living in Fort Stockton, TX, the Texas income tax and the Texas sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Texas maximum surtax is 8.25%, and the Texas sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Texas.

Goods & Services

ItemFort StocktonNational avg.Difference
Haircut $13.75$14.595.8%
Beauty Salon $36.25$34.684.5%
Toothpaste $2.50$2.471.1%
Shampoo $0.87$1.0214.9%
Movie $9.88$9.870.1%
Bowling $4.50$4.392.5%

Groceries

ItemFort StocktonNational avg.Difference
Ground Beef $4.96$4.4810.8%
Fried Chicken $1.33$1.469.2%
Milk $2.00$2.3615.1%
Potatoes $2.11$3.0631.1%
Pizza $9.49$9.242.7%
Beer $9.06$8.634.9%

Health Care

ItemFort StocktonNational avg.Difference
Optometrist $97.67$99.782.1%
Doctor $117.50$105.0311.9%
Dentist $87.50$88.701.4%
Ibuprofen $10.14$9.417.7%
Lipitor $293.92$298.501.5%

Housing

ItemFort StocktonNational avg.Difference
Home Price $79,200.00$175,700.0054.9%
Avg. Mortgage Payment $1,005.43$1,081.037.0%
Apartment Rent $646.00$920.0029.8%

Transportation

ItemFort StocktonNational avg.Difference
Gasoline $2.08$2.090.6%
Tire Balancing $39.50$45.2912.8%

Utilities

ItemFort StocktonNational avg.Difference
All Electricity$171.15$170.800.2%
Phone $28.00$28.260.9%
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.
Fort Stockton, TX8,37384-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bridgewater, MA8,37412626%
Hillsboro, IL8,37184-16%
New Port Richey East, FL8,37686-14%
Denison, IA8,37083-17%
Oberlin, OH8,36887-13%
Fort Stockton, TX8,37384-16%
Source: The Fort Stockton, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.