Cost Of Living In Lake Colorado City, TX

Lake Colorado 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.
Index	Lake Colorado City	Texas	National
Cost of living index	84	90	100
Index	Lake Colorado City	Texas	National
Goods & Services index	97	94	100
Groceries index	91	89	100
Health care index	97	95	100
Housing index	63	81	100
Transportation index	95	93	100
Utilities index	75	95	100

Did you know?

The cost of living in Lake Colorado City is 7% lower than the Texas average.
The cost of living in Lake Colorado City is 16% lower than the national average.
The cost of housing in Lake Colorado City is 37% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$72,083	$6,007	$1,682	$2,163
Renters	$38,375	$3,198	$895	$1,151

Texas Sales Tax

State	General Sales Tax	With Max Surtax
Texas	6.25%	8.25%

Texas Income Tax

State	Income Tax (Low)	Income Tax (High)
Texas	0%	0%

Goods & Services

Item	Lake Colorado City	National avg.	Difference
Haircut	$15.26	$15.56	2.0%
Beauty Salon	$41.44	$36.11	14.8%
Toothpaste	$2.47	$2.47	0.3%
Shampoo	$0.83	$0.96	14.4%
Movie	$9.09	$10.13	10.3%
Bowling	$3.28	$4.74	30.8%

Groceries

Item	Lake Colorado City	National avg.	Difference
Ground Beef	$4.45	$3.98	11.7%
Fried Chicken	$1.23	$1.41	12.3%
Milk	$1.78	$2.06	13.6%
Potatoes	$2.47	$2.98	17.2%
Pizza	$9.04	$9.47	4.5%
Beer	$8.79	$8.79	0.0%

Health Care

Item	Lake Colorado City	National avg.	Difference
Optometrist	$124.17	$101.04	22.9%
Doctor	$99.96	$107.44	7.0%
Dentist	$79.11	$90.42	12.5%
Ibuprofen	$8.89	$9.28	4.2%
Lipitor	$476.05	$426.50	11.6%

Housing

Item	Lake Colorado City	National avg.	Difference
Home Price	$68,500.00	$175,700.00	61.0%
Avg. Mortgage Payment	$1,021.99	$1,133.23	9.8%
Apartment Rent	$1,081.00	$920.00	17.5%

Transportation

Item	Lake Colorado City	National avg.	Difference
Gasoline	$1.86	$1.99	6.9%
Tire Balancing	$45.99	$45.76	0.5%

Utilities

Item	Lake Colorado City	National avg.	Difference
All Electricity	$115.94	$163.81	29.2%
Phone	$23.33	$28.39	17.8%

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, State	Population	Cost of Living Index	National Avg.
Westbrook, TX	223	74	-26%
Loraine, TX	645	73	-27%
Colorado City, TX	4,118	74	-26%
Lake Colorado City, TX	664	84	-16%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Eagletown, OK	664	82	-18%
Jarratt, VA	664	88	-12%
Big Sandy, MT	664	83	-17%
Miller, MO	664	79	-21%
Perry, MO	664	85	-15%
Lake Colorado City, TX	664	84	-16%

Source: The Lake Colorado City, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Lake Colorado City, TX Cost of Living