Mission Bend 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.
IndexMission BendTexasNational
Cost of living index9391100
IndexMission BendTexasNational
Goods & Services index10197100
Groceries index8690100
Health care index9196100
Housing index8881100
Transportation index8995100
Utilities index9494100
A general overview of the cost of living index for Mission Bend, TX is displayed above. In Mission Bend, TX, the overall cost of living index is 93, which is 2% higher than the Texas average and 7% 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 Mission Bend, TX, the city's goods and services are 3% higher than the Texas average and 1% higher than the U.S. average.

Did you know?

  • The cost of living in Mission Bend is 2% higher than the Texas average.
  • The cost of living in Mission Bend is 7% lower than the national average.
  • The cost of housing in Mission Bend is 12% 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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Use the salary calculator to compare your current salary in Mission Bend, 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 Mission Bend, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Mission Bend, 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$62,652$5,221$1,462$1,880
Renters$42,670$3,556$996$1,280
One can approximate the cost of living and the housing affordability in Mission Bend, TX by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Mission Bend, TX have a median income of $62,652. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,462 per month to avoid calamity and poverty. The renters in the city have an income of about $42,670, which would make their monthly maximum allowable rental costs $996.

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 Mission Bend, 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

ItemMission BendNational avg.Difference
Haircut $15.70$14.597.6%
Beauty Salon $50.70$34.6846.2%
Toothpaste $2.05$2.4717.1%
Shampoo $0.83$1.0218.8%
Movie $10.14$9.872.8%
Bowling $5.35$4.3921.8%

Groceries

ItemMission BendNational avg.Difference
Ground Beef $4.78$4.486.8%
Fried Chicken $1.22$1.4616.7%
Milk $1.69$2.3628.3%
Potatoes $2.51$3.0618.0%
Pizza $8.69$9.246.0%
Beer $8.88$8.632.9%

Health Care

ItemMission BendNational avg.Difference
Optometrist $91.56$99.788.2%
Doctor $78.68$105.0325.1%
Dentist $85.89$88.703.2%
Ibuprofen $7.98$9.4115.2%
Lipitor $306.58$298.502.7%

Housing

ItemMission BendNational avg.Difference
Home Price $113,500.00$175,700.0035.4%
Avg. Mortgage Payment $1,037.88$1,081.034.0%
Apartment Rent $1,307.00$920.0042.1%

Transportation

ItemMission BendNational avg.Difference
Gasoline $1.94$2.097.1%
Tire Balancing $35.44$45.2921.7%

Utilities

ItemMission BendNational avg.Difference
All Electricity$144.44$170.8015.4%
Phone $30.15$28.266.7%
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.
Fifth Street, TX2,36275-25%
Beasley, TX51983-17%
Richmond, TX11,76986-14%
Arcola, TX1,96489-11%
Rosenberg, TX32,78989-11%
Mission Bend, TX37,11093-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Westerville, OH37,10199-1%
Chelsea, MA37,08413131%
Northglenn, CO37,0751022%
Monrovia, CA37,03515454%
Marana, AZ37,0281066%
Mission Bend, TX37,11093-7%
Source: The Mission Bend, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.