Freeport 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.
IndexFreeportTexasNational
Cost of living index7991100
IndexFreeportTexasNational
Goods & Services index9597100
Groceries index8390100
Health care index9996100
Housing index4681100
Transportation index9095100
Utilities index10294100
A general overview of the cost of living index for Freeport, TX is displayed above. In Freeport, TX, the overall cost of living index is 79, which is 13% lower than the Texas average and 21% 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 Freeport, TX, the city's goods and services are 3% lower than the Texas average and 6% lower than the U.S. average.

Did you know?

  • The cost of living in Freeport is 13% lower than the Texas average.
  • The cost of living in Freeport is 21% lower than the national average.
  • The cost of housing in Freeport is 54% 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 Freeport, 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
Using the salary calculator lets you compare the salary you earn in Freeport, TX to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Freeport, TX, you have to earn a higher income in order to still have the same standard of living. To operate the Freeport, TX salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,267$4,939$1,383$1,778
Renters$20,875$1,740$487$626
The affordability of the housing market in Freeport, TX as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Freeport, TX homeowners, the median income is $59,267. This indicates that a monthly maximum of $1,383 should be spent by homeowners on all housing related costs. Renters have a median income of $20,875. This indicates that renters should have a maximum of $487 used for their rent related monthly costs.

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 Freeport, 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

ItemFreeportNational avg.Difference
Haircut $13.00$14.5910.9%
Beauty Salon $26.00$34.6825.0%
Toothpaste $1.96$2.4720.8%
Shampoo $0.82$1.0219.8%
Movie $7.42$9.8724.8%
Bowling $3.58$4.3918.5%

Groceries

ItemFreeportNational avg.Difference
Ground Beef $4.62$4.483.2%
Fried Chicken $1.13$1.4622.8%
Milk $1.82$2.3622.8%
Potatoes $2.60$3.0615.1%
Pizza $11.00$9.2419.0%
Beer $8.89$8.633.0%

Health Care

ItemFreeportNational avg.Difference
Optometrist $102.80$99.783.0%
Doctor $97.50$105.037.2%
Dentist $89.57$88.701.0%
Ibuprofen $7.98$9.4115.2%
Lipitor $320.04$298.507.2%

Housing

ItemFreeportNational avg.Difference
Home Price $66,100.00$175,700.0062.4%
Avg. Mortgage Payment $928.41$1,081.0314.1%
Apartment Rent $612.00$920.0033.5%

Transportation

ItemFreeportNational avg.Difference
Gasoline $1.93$2.097.6%
Tire Balancing $38.00$45.2916.1%

Utilities

ItemFreeportNational avg.Difference
All Electricity$147.80$170.8013.5%
Phone $34.95$28.2623.7%
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.
Oyster Creek, TX1,03781-19%
Brazoria, TX3,03883-17%
Clute, TX11,27783-17%
Jones Creek, TX2,33585-15%
Richwood, TX3,61886-14%
Freeport, TX12,10879-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Valley Falls, RI12,10811919%
Diamond Springs, CA12,10513030%
Poquoson, VA12,10311818%
Cherry Creek, CO12,11313737%
Andover, KS12,11399-1%
Freeport, TX12,10879-21%
Source: The Freeport, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.