Mission 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.
IndexMissionTexasNational
Cost of living index7391100
IndexMissionTexasNational
Goods & Services index7697100
Groceries index7990100
Health care index8196100
Housing index6281100
Transportation index8695100
Utilities index7994100
A general summary of the cost of living index in Mission, TX is shown above. Compared to the state average of Texas the cost of living index in Mission, TX is 73, which is 19% lower than the average in Texas and compared to the national average it is 27% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Mission, TX goods and services come in at 22% lower than the average in Texas and are 24% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Mission is 19% lower than the Texas average.
  • The cost of living in Mission is 27% lower than the national average.
  • The cost of housing in Mission is 38% 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

This is how much you would need to earn in
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Groceries index
Health care index
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Use the salary calculator to compare your current salary in Mission, 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, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Mission, 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$51,465$4,289$1,201$1,544
Renters$25,159$2,097$587$755
The affordability of the housing market in Mission, TX as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Mission, TX homeowners, the median income is $51,465. This indicates that a monthly maximum of $1,201 should be spent by homeowners on all housing related costs. Renters have a median income of $25,159. This indicates that renters should have a maximum of $587 used for their rent related monthly costs.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
When assessing the complete cost of living in Mission, TX, the Texas income tax and the Texas sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Texas maximum surtax is 8.25%, and the Texas sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Texas.

Goods & Services

ItemMissionNational avg.Difference
Haircut $10.00$14.5931.5%
Beauty Salon $23.33$34.6832.7%
Toothpaste $1.54$2.4737.7%
Shampoo $0.75$1.0226.6%
Movie $10.00$9.871.3%
Bowling $4.25$4.393.2%

Groceries

ItemMissionNational avg.Difference
Ground Beef $3.77$4.4815.8%
Fried Chicken $1.18$1.4619.4%
Milk $2.21$2.366.2%
Potatoes $2.58$3.0615.7%
Pizza $8.00$9.2413.4%
Beer $6.73$8.6322.0%

Health Care

ItemMissionNational avg.Difference
Optometrist $60.00$99.7839.9%
Doctor $68.75$105.0334.5%
Dentist $66.00$88.7025.6%
Ibuprofen $7.97$9.4115.3%
Lipitor $329.99$298.5010.6%

Housing

ItemMissionNational avg.Difference
Home Price $96,100.00$175,700.0045.3%
Avg. Mortgage Payment $776.23$1,081.0328.2%
Apartment Rent $717.00$920.0022.1%

Transportation

ItemMissionNational avg.Difference
Gasoline $1.70$2.0918.8%
Tire Balancing $44.33$45.292.1%

Utilities

ItemMissionNational avg.Difference
All Electricity$153.09$170.8010.4%
Phone $17.99$28.2636.3%
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.
Campo Verde, TX15295-5%
La Esperanza, TX1793-7%
Tierra Dorada, TX878-22%
Los Ebanos, TX16261-39%
South Alamo, TX3,90763-37%
Mission, TX80,53873-27%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Merced, CA80,4901011%
Cranston, RI80,68011919%
Farmington Hills, MI80,6821011%
Parma, OH80,69993-7%
Chino, CA80,81013030%
Mission, TX80,53873-27%
Source: The Mission, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.