Pampa 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.
IndexPampaTexasNational
Cost of living index8091100
IndexPampaTexasNational
Goods & Services index9297100
Groceries index9890100
Health care index10096100
Housing index5181100
Transportation index8995100
Utilities index8594100
Here we can see a simple outline of the cost of living in Pampa, TX. As you can see, with the average cost of living in Pampa, TX being 80, that puts it 12% lower than the average of Texas and 20% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Pampa, TX, the price of goods and services are 5% lower than the average of Texas as well as 8% lower than the nation's average.

Did you know?

  • The cost of living in Pampa is 12% lower than the Texas average.
  • The cost of living in Pampa is 20% lower than the national average.
  • The cost of housing in Pampa is 49% 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 Pampa, 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 allows you to compare how much your current salary in Pampa, TX would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Pampa, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Pampa, TX salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,488$4,291$1,201$1,545
Renters$27,500$2,292$642$825
One can approximate the cost of living and the housing affordability in Pampa, 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 Pampa, TX have a median income of $51,488. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,201 per month to avoid calamity and poverty. The renters in the city have an income of about $27,500, which would make their monthly maximum allowable rental costs $642.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
One thing to keep in mind when considering the cost of living in Pampa, TX is the Texas sales tax and Texas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Texas sales tax rate is 6.25% and the maximum surtax that can be charged is 8.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemPampaNational avg.Difference
Haircut $15.80$14.598.3%
Beauty Salon $26.40$34.6823.9%
Toothpaste $2.33$2.475.8%
Shampoo $0.85$1.0216.8%
Movie $8.88$9.8710.0%
Bowling $4.23$4.393.7%

Groceries

ItemPampaNational avg.Difference
Ground Beef $3.21$4.4828.3%
Fried Chicken $1.40$1.464.4%
Milk $2.64$2.3612.0%
Potatoes $3.57$3.0616.6%
Pizza $10.00$9.248.2%
Beer $9.15$8.636.0%

Health Care

ItemPampaNational avg.Difference
Optometrist $75.05$99.7824.8%
Doctor $112.00$105.036.6%
Dentist $84.20$88.705.1%
Ibuprofen $8.58$9.418.8%
Lipitor $329.29$298.5010.3%

Housing

ItemPampaNational avg.Difference
Home Price $74,400.00$175,700.0057.7%
Avg. Mortgage Payment $734.86$1,081.0332.0%
Apartment Rent $656.00$920.0028.7%

Transportation

ItemPampaNational avg.Difference
Gasoline $1.82$2.0912.9%
Tire Balancing $42.33$45.296.5%

Utilities

ItemPampaNational avg.Difference
All Electricity$139.95$170.8018.1%
Phone $25.01$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.
Lefors, TX33073-27%
Skellytown, TX57274-26%
White Deer, TX97780-20%
Pampa, TX18,18080-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Middleton, WI18,18511414%
East Hemet, CA18,1881044%
Battle Ground, WA18,16811414%
Wisconsin Rapids, WI18,16282-18%
Onalaska, WI18,1481022%
Pampa, TX18,18080-20%
Source: The Pampa, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.