Friendswood 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.
IndexFriendswoodTexasNational
Cost of living index10790100
IndexFriendswoodTexasNational
Goods & Services index10094100
Groceries index8789100
Health care index9195100
Housing index12981100
Transportation index9493100
Utilities index10795100
A general overview of the cost of living index for Friendswood, TX is displayed above. In Friendswood, TX, the overall cost of living index is 107, which is 19% higher than the Texas average and 7% higher 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 Friendswood, TX, the city's goods and services are 6% higher than the Texas average and equal to the U.S. average.

Did you know?

  • The cost of living in Friendswood is 19% higher than the Texas average.
  • The cost of living in Friendswood is 7% higher than the national average.
  • The cost of housing in Friendswood is 29% 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 Friendswood, 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 Friendswood, 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 Friendswood, TX, you have to earn a higher income in order to still have the same standard of living. To operate the Friendswood, 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$110,874$9,240$2,587$3,327
Renters$50,407$4,201$1,176$1,512
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Friendswood, TX, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Friendswood, TX has a median income of about $110,874 for people who own homes. Based on that number, a person should spend a maximum of $2,587 on expenses related to housing. Renters have a slightly different median income, which is $50,407. Based on this average, renters should spend no more than $1,176 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
When you are determining the total cost of living in Friendswood, TX you will want to make sure you consider both the Texas sales tax and the Texas income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Texas is 6.25%, with the highest surtax being 8.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Texas have a range from 0% to 0%.

Goods & Services

ItemFriendswoodNational avg.Difference
Haircut $17.43$15.5612.0%
Beauty Salon $50.63$36.1140.2%
Toothpaste $2.13$2.4713.7%
Shampoo $0.85$0.9612.3%
Movie $10.90$10.137.6%
Bowling $5.77$4.7421.9%

Groceries

ItemFriendswoodNational avg.Difference
Ground Beef $4.19$3.985.1%
Fried Chicken $1.02$1.4127.3%
Milk $1.68$2.0618.6%
Potatoes $2.55$2.9814.6%
Pizza $7.59$9.4719.9%
Beer $8.88$8.791.0%

Health Care

ItemFriendswoodNational avg.Difference
Optometrist $92.07$101.048.9%
Doctor $78.44$107.4427.0%
Dentist $87.60$90.423.1%
Ibuprofen $8.35$9.2810.0%
Lipitor $436.97$426.502.5%

Housing

ItemFriendswoodNational avg.Difference
Home Price $228,800.00$175,700.0030.2%
Avg. Mortgage Payment $1,024.25$1,133.239.6%
Apartment Rent $1,147.00$920.0024.7%

Transportation

ItemFriendswoodNational avg.Difference
Gasoline $1.83$1.998.1%
Tire Balancing $45.76$45.760.0%

Utilities

ItemFriendswoodNational avg.Difference
All Electricity$150.98$163.817.8%
Phone $36.01$28.3926.8%
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.
South Houston, TX17,32385-15%
Bacliff, TX8,60685-15%
Hitchcock, TX7,20686-14%
La Marque, TX14,98186-14%
Pasadena, TX152,17188-12%
Friendswood, TX37,0011077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Texarkana, TX36,99988-12%
Portage, IN37,0081000%
Mechanicsville, VA36,9911055%
Greenfield, WI36,99099-1%
Grove City, OH36,98195-5%
Friendswood, TX37,0011077%
Source: The Friendswood, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.