New Braunfels 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.
IndexNew BraunfelsTexasNational
Cost of living index9491100
IndexNew BraunfelsTexasNational
Goods & Services index9497100
Groceries index9090100
Health care index9596100
Housing index9981100
Transportation index8995100
Utilities index8794100
An overview of the general cost of living index for New Braunfels, TX is displayed above for your reference. Residents in New Braunfels, TX enjoy a cost of living index of 94. This index is 3% higher than the Texas average, and 6% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in New Braunfels, TX, the average cost of goods and services is 4% lower than it is in Texas, and it is 7% lower than the national average.

Did you know?

  • The cost of living in New Braunfels is 3% higher than the Texas average.
  • The cost of living in New Braunfels is 6% lower than the national average.
  • The cost of housing in New Braunfels is 1% 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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Compare New Braunfels, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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 is meant to help you compare your salary in New Braunfels, TX to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in New Braunfels, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the New Braunfels, TX salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$73,417$6,118$1,713$2,203
Renters$39,395$3,283$919$1,182
If you want to find a good determining factor for the cost of living and the general affordability of housing in New Braunfels, 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 New Braunfels, TX, the median monthly income is $73,417 for those who own their own homes. Under the standard rule, that income level would allow for $1,713 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $39,395, per the median income in the area. That would allow for renters to spend up to $919 on monthly rental expenses.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
When considering the overall cost of living expenses in New Braunfels, TX, it's important to take into account the sales tax for Texas, as well as the rate for income tax in Texas. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Texas is 8.25%, and the sales tax in the state of Texas is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Texas starts from 0% and goes up to 0%.

Goods & Services

ItemNew BraunfelsNational avg.Difference
Haircut $13.40$14.598.2%
Beauty Salon $26.00$34.6825.0%
Toothpaste $2.84$2.4714.8%
Shampoo $0.92$1.0210.0%
Movie $7.50$9.8724.0%
Bowling $4.39$4.390.0%

Groceries

ItemNew BraunfelsNational avg.Difference
Ground Beef $4.21$4.486.0%
Fried Chicken $1.44$1.461.6%
Milk $2.32$2.361.6%
Potatoes $2.54$3.0617.0%
Pizza $8.99$9.242.7%
Beer $8.39$8.632.8%

Health Care

ItemNew BraunfelsNational avg.Difference
Optometrist $101.25$99.781.5%
Doctor $85.00$105.0319.1%
Dentist $83.20$88.706.2%
Ibuprofen $8.86$9.415.9%
Lipitor $330.57$298.5010.7%

Housing

ItemNew BraunfelsNational avg.Difference
Home Price $167,400.00$175,700.004.7%
Avg. Mortgage Payment $924.00$1,081.0314.5%
Apartment Rent $988.00$920.007.4%

Transportation

ItemNew BraunfelsNational avg.Difference
Gasoline $1.90$2.099.1%
Tire Balancing $37.00$45.2918.3%

Utilities

ItemNew BraunfelsNational avg.Difference
All Electricity$147.39$170.8013.7%
Phone $25.00$28.2611.5%
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.
Redwood, TX4,03477-23%
Marion, TX98780-20%
Geronimo, TX1,08582-18%
Seguin, TX26,23783-17%
McQueeney, TX2,69887-13%
New Braunfels, TX61,71294-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Haverhill, MA61,76912222%
Coon Rapids, MN61,8091033%
Utica, NY61,85290-10%
Waltham, MA61,90815151%
Daytona Beach, FL61,91393-7%
New Braunfels, TX61,71294-6%
Source: The New Braunfels, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.