Horizon City 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.
IndexHorizon CityTexasNational
Cost of living index9091100
IndexHorizon CityTexasNational
Goods & Services index9397100
Groceries index10390100
Health care index8996100
Housing index7981100
Transportation index9895100
Utilities index8894100
An overview of the general cost of living index for Horizon City, TX is displayed above for your reference. Residents in Horizon City, TX enjoy a cost of living index of 90. This index is 1% lower than the Texas average, and 10% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Horizon City, TX, the average cost of goods and services is 4% lower than it is in Texas, and it is 7% lower than the national average.

Did you know?

  • The cost of living in Horizon City is 1% lower than the Texas average.
  • The cost of living in Horizon City is 10% lower than the national average.
  • The cost of housing in Horizon City is 21% 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 Horizon City, TX Cost of living To Other Cities

Salary Calculator

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Goods & Services index
Groceries index
Health care index
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Transportation index
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Use the salary calculator to compare your current salary in Horizon City, TX to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Horizon City, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Horizon City, TX salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,776$4,648$1,301$1,673
Renters$42,712$3,559$997$1,281
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 Horizon City, 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. Horizon City, TX has a median income of about $55,776 for people who own homes. Based on that number, a person should spend a maximum of $1,301 on expenses related to housing. Renters have a slightly different median income, which is $42,712. Based on this average, renters should spend no more than $997 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 considering the overall cost of living expenses in Horizon City, TX, it's important to take into account the sales tax for Texas, as well as the rate for income tax in Texas. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Texas is 8.25%, and the sales tax in the state of Texas is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Texas starts from 0% and goes up to 0%.

Goods & Services

ItemHorizon CityNational avg.Difference
Haircut $17.10$14.5917.2%
Beauty Salon $36.00$34.683.8%
Toothpaste $2.12$2.4714.3%
Shampoo $1.21$1.0218.4%
Movie $9.56$9.873.1%
Bowling $3.53$4.3919.6%

Groceries

ItemHorizon CityNational avg.Difference
Ground Beef $5.10$4.4813.9%
Fried Chicken $1.39$1.465.1%
Milk $2.58$2.369.5%
Potatoes $3.35$3.069.4%
Pizza $7.99$9.2413.6%
Beer $9.32$8.638.0%

Health Care

ItemHorizon CityNational avg.Difference
Optometrist $73.00$99.7826.8%
Doctor $88.33$105.0315.9%
Dentist $82.00$88.707.6%
Ibuprofen $8.50$9.419.7%
Lipitor $271.13$298.509.2%

Housing

ItemHorizon CityNational avg.Difference
Home Price $122,300.00$175,700.0030.4%
Avg. Mortgage Payment $849.19$1,081.0321.4%
Apartment Rent $943.00$920.002.5%

Transportation

ItemHorizon CityNational avg.Difference
Gasoline $1.96$2.096.1%
Tire Balancing $49.96$45.2910.3%

Utilities

ItemHorizon CityNational avg.Difference
All Electricity$141.86$170.8016.9%
Phone $26.95$28.264.6%
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.
Butterfield, TX14776-24%
Morning Glory, TX44376-24%
Agua Dulce, TX2,92678-22%
Sparks, TX3,85078-22%
Fabens, TX8,28278-22%
Horizon City, TX18,47790-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Deerfield, IL18,47615050%
Point Pleasant, NJ18,48113333%
Jasmine Estates, FL18,47085-15%
Calverton, MD18,48812323%
Natchitoches, LA18,46095-5%
Horizon City, TX18,47790-10%
Source: The Horizon City, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.