Four Corners 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.
IndexFour CornersTexasNational
Cost of living index9991100
IndexFour CornersTexasNational
Goods & Services index10197100
Groceries index8690100
Health care index9196100
Housing index11081100
Transportation index8995100
Utilities index9494100
Displayed above is a general overview of the Four Corners, TX cost of living index. The overall cost of living index in Four Corners, TX is 99, which is 9% higher than the Texas average and 1% 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 Four Corners, TX are 3% higher than the Texas average and 1% higher than the national average.

Did you know?

  • The cost of living in Four Corners is 9% higher than the Texas average.
  • The cost of living in Four Corners is 1% lower than the national average.
  • The cost of housing in Four Corners is 10% 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.

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Compare Four Corners, 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
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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Four Corners, TX to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Four Corners, TX, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Four Corners, TX salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$74,438$6,203$1,737$2,233
Renters$40,708$3,392$950$1,221
If you want to find a good determining factor for the cost of living and the general affordability of housing in Four Corners, 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 Four Corners, TX, the median monthly income is $74,438 for those who own their own homes. Under the standard rule, that income level would allow for $1,737 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $40,708, per the median income in the area. That would allow for renters to spend up to $950 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 Four Corners, 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

ItemFour CornersNational avg.Difference
Haircut $15.70$14.597.6%
Beauty Salon $50.70$34.6846.2%
Toothpaste $2.05$2.4717.1%
Shampoo $0.83$1.0218.8%
Movie $10.14$9.872.8%
Bowling $5.35$4.3921.8%

Groceries

ItemFour CornersNational avg.Difference
Ground Beef $4.78$4.486.8%
Fried Chicken $1.22$1.4616.7%
Milk $1.69$2.3628.3%
Potatoes $2.51$3.0618.0%
Pizza $8.69$9.246.0%
Beer $8.88$8.632.9%

Health Care

ItemFour CornersNational avg.Difference
Optometrist $91.56$99.788.2%
Doctor $78.68$105.0325.1%
Dentist $85.89$88.703.2%
Ibuprofen $7.98$9.4115.2%
Lipitor $306.58$298.502.7%

Housing

ItemFour CornersNational avg.Difference
Home Price $158,400.00$175,700.009.8%
Avg. Mortgage Payment $1,037.88$1,081.034.0%
Apartment Rent $1,427.00$920.0055.1%

Transportation

ItemFour CornersNational avg.Difference
Gasoline $1.94$2.097.1%
Tire Balancing $35.44$45.2921.7%

Utilities

ItemFour CornersNational avg.Difference
All Electricity$144.44$170.8015.4%
Phone $30.15$28.266.7%
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.
Fifth Street, TX2,36275-25%
Richmond, TX11,76986-14%
Arcola, TX1,96489-11%
Rosenberg, TX32,78989-11%
Pleak, TX1,26090-10%
Four Corners, TX13,97399-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dunmore, PA13,9741033%
Bluffton, SC13,97911010%
Auburndale, FL13,97992-8%
Washington, MO13,98295-5%
Hutchinson, MN13,98395-5%
Four Corners, TX13,97399-1%
Source: The Four Corners, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.