Nassau Bay 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.
IndexNassau BayTexasNational
Cost of living index10190100
IndexNassau BayTexasNational
Goods & Services index10094100
Groceries index8789100
Health care index9195100
Housing index11181100
Transportation index9493100
Utilities index10795100
A general overview of the cost of living index for Nassau Bay, TX is displayed above. In Nassau Bay, TX, the overall cost of living index is 101, which is 13% higher than the Texas average and 1% higher 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 Nassau Bay, TX, the city's goods and services are 6% higher than the Texas average and equal to the U.S. average.

Did you know?

  • The cost of living in Nassau Bay is 13% higher than the Texas average.
  • The cost of living in Nassau Bay is 1% higher than the national average.
  • The cost of housing in Nassau Bay is 11% higher 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 Nassau Bay, TX Cost of living To Other Cities

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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The salary calculator is used in order to provide a comparison of your current salary in Nassau Bay, TX to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Nassau Bay, TX, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Nassau Bay, TX salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$114,063$9,505$2,661$3,422
Renters$32,870$2,739$767$986
The affordability of the housing market in Nassau Bay, 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 Nassau Bay, TX homeowners, the median income is $114,063. This indicates that a monthly maximum of $2,661 should be spent by homeowners on all housing related costs. Renters have a median income of $32,870. This indicates that renters should have a maximum of $767 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%
The Texas sales tax and Texas income tax rates should definitely be considered when determining the overall cost of living in Nassau Bay, TX. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Texas sales tax is 6.25% and the maximum surtax is 8.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemNassau BayNational avg.Difference
Haircut $17.43$15.5612.0%
Beauty Salon $50.63$36.1140.2%
Toothpaste $2.13$2.4713.7%
Shampoo $0.85$0.9612.3%
Movie $10.90$10.137.6%
Bowling $5.77$4.7421.9%

Groceries

ItemNassau BayNational avg.Difference
Ground Beef $4.19$3.985.1%
Fried Chicken $1.02$1.4127.3%
Milk $1.68$2.0618.6%
Potatoes $2.55$2.9814.6%
Pizza $7.59$9.4719.9%
Beer $8.88$8.791.0%

Health Care

ItemNassau BayNational avg.Difference
Optometrist $92.07$101.048.9%
Doctor $78.44$107.4427.0%
Dentist $87.60$90.423.1%
Ibuprofen $8.35$9.2810.0%
Lipitor $436.97$426.502.5%

Housing

ItemNassau BayNational avg.Difference
Home Price $207,000.00$175,700.0017.8%
Avg. Mortgage Payment $1,024.25$1,133.239.6%
Apartment Rent $864.00$920.006.1%

Transportation

ItemNassau BayNational avg.Difference
Gasoline $1.83$1.998.1%
Tire Balancing $45.76$45.760.0%

Utilities

ItemNassau BayNational avg.Difference
All Electricity$150.98$163.817.8%
Phone $36.01$28.3926.8%
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, StatePopulationCost of Living IndexNational Avg.
South Houston, TX17,32385-15%
Galena Park, TX11,09385-15%
Bacliff, TX8,60685-15%
Hitchcock, TX7,20686-14%
La Marque, TX14,98186-14%
Nassau Bay, TX4,0771011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Throop, PA4,07793-7%
St. Joseph, IL4,07693-7%
Windber, PA4,07881-19%
Barboursville, WV4,07589-11%
Manning, SC4,07590-10%
Nassau Bay, TX4,0771011%
Source: The Nassau Bay, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.