Cost Of Living In Lufkin, TX

Lufkin 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	Lufkin	Texas	National
Cost of living index	87	90	100
Index	Lufkin	Texas	National
Goods & Services index	98	94	100
Groceries index	92	89	100
Health care index	93	95	100
Housing index	63	81	100
Transportation index	89	93	100
Utilities index	117	95	100

Displayed above is a general overview of the Lufkin, TX cost of living index. The overall cost of living index in Lufkin, TX is 87, which is 2% lower than the Texas average and 13% 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 Lufkin, TX are 4% higher than the Texas average and 2% lower than the national average.

Did you know?

The cost of living in Lufkin is 2% lower than the Texas average.
The cost of living in Lufkin is 13% lower than the national average.
The cost of housing in Lufkin 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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Salary Calculator

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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

The salary calculator allows you to compare how much your current salary in Lufkin, TX would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Lufkin, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Lufkin, TX salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$55,685	$4,640	$1,299	$1,671
Renters	$25,705	$2,142	$600	$771

If you want to find a good determining factor for the cost of living and the general affordability of housing in Lufkin, 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 Lufkin, TX, the median monthly income is $55,685 for those who own their own homes. Under the standard rule, that income level would allow for $1,299 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $25,705, per the median income in the area. That would allow for renters to spend up to $600 on monthly rental expenses.

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%

One thing to keep in mind when considering the cost of living in Lufkin, 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

Item	Lufkin	National avg.	Difference
Haircut	$15.39	$15.56	1.1%
Beauty Salon	$34.67	$36.11	4.0%
Toothpaste	$2.00	$2.47	19.2%
Shampoo	$0.82	$0.96	15.4%
Movie	$10.28	$10.13	1.5%
Bowling	$5.00	$4.74	5.6%

Groceries

Item	Lufkin	National avg.	Difference
Ground Beef	$3.82	$3.98	4.0%
Fried Chicken	$1.24	$1.41	11.6%
Milk	$1.80	$2.06	12.9%
Potatoes	$2.79	$2.98	6.4%
Pizza	$8.00	$9.47	15.6%
Beer	$8.99	$8.79	2.2%

Health Care

Item	Lufkin	National avg.	Difference
Optometrist	$102.33	$101.04	1.3%
Doctor	$99.56	$107.44	7.3%
Dentist	$79.56	$90.42	12.0%
Ibuprofen	$8.11	$9.28	12.6%
Lipitor	$428.97	$426.50	0.6%

Housing

Item	Lufkin	National avg.	Difference
Home Price	$93,900.00	$175,700.00	46.6%
Avg. Mortgage Payment	$940.52	$1,133.23	17.0%
Apartment Rent	$784.00	$920.00	14.8%

Transportation

Item	Lufkin	National avg.	Difference
Gasoline	$1.78	$1.99	10.7%
Tire Balancing	$39.78	$45.76	13.1%

Utilities

Item	Lufkin	National avg.	Difference
All Electricity	$164.29	$163.81	0.3%
Phone	$40.01	$28.39	40.9%

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.
Wells, TX	1,057	77	-23%
Huntington, TX	2,169	81	-19%
Redland, TX	967	81	-19%
Diboll, TX	5,377	82	-18%
Burke, TX	713	86	-14%
Lufkin, TX	35,754	87	-13%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Phenix City, AL	35,753	88	-12%
Leavenworth, KS	35,738	90	-10%
Torrington, CT	35,774	112	12%
Wildwood, MO	35,701	121	21%
Marion, IA	35,809	95	-5%
Lufkin, TX	35,754	87	-13%

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

Lufkin, TX Cost of Living