North Alamo 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.
IndexNorth AlamoTexasNational
Cost of living index6391100
IndexNorth AlamoTexasNational
Goods & Services index7697100
Groceries index7990100
Health care index8196100
Housing index2981100
Transportation index8695100
Utilities index7994100
A general overview of the cost of living index for North Alamo, TX is displayed above. In North Alamo, TX, the overall cost of living index is 63, which is 30% lower than the Texas average and 37% 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 North Alamo, TX, the city's goods and services are 22% lower than the Texas average and 24% lower than the U.S. average.

Did you know?

  • The cost of living in North Alamo is 30% lower than the Texas average.
  • The cost of living in North Alamo is 37% lower than the national average.
  • The cost of housing in North Alamo is 71% 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 North Alamo, TX Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in North Alamo, 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 North Alamo, TX, then you would need to earn more income in order to maintain the same standard of living. To use the North Alamo, 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$34,958$2,913$816$1,049
Renters$16,685$1,390$389$501
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in North Alamo, TX as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for North Alamo, TX homeowners, is $34,958. This would allow for a maximum of $816 per month to be spent on housing costs. For renters, the median monthly income is $16,685 which would result in a maximum of $389 to be spent on rental 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 North Alamo, 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

ItemNorth AlamoNational 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

ItemNorth AlamoNational 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

ItemNorth AlamoNational 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

ItemNorth AlamoNational avg.Difference
Home Price $30,900.00$175,700.0082.4%
Avg. Mortgage Payment $776.23$1,081.0328.2%
Apartment Rent $504.00$920.0045.2%

Transportation

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

Utilities

ItemNorth AlamoNational 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.
La Chuparosa, TX095-5%
Evergreen, TX093-7%
La Esperanza, TX1793-7%
Tierra Dorada, TX878-22%
Barrera, TX078-22%
North Alamo, TX3,75663-37%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cayuga Heights, NY3,75612121%
Cross Plains, WI3,7551088%
Kiel, WI3,75793-7%
Brookmont, MD3,758201101%
Pea Ridge, FL3,75892-8%
North Alamo, TX3,75663-37%
Source: The North Alamo, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.