Panhandle 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.
IndexPanhandleTexasNational
Cost of living index8291100
IndexPanhandleTexasNational
Goods & Services index9297100
Groceries index9890100
Health care index10096100
Housing index5981100
Transportation index8995100
Utilities index8594100

Did you know?

  • The cost of living in Panhandle is 9% lower than the Texas average.
  • The cost of living in Panhandle is 18% lower than the national average.
  • The cost of housing in Panhandle is 41% 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 Panhandle, TX Cost of living To Other Cities

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Groceries index
Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,724$5,060$1,417$1,822
Renters$69,167$5,764$1,614$2,075

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%

Goods & Services

ItemPanhandleNational 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

ItemPanhandleNational 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

ItemPanhandleNational 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

ItemPanhandleNational avg.Difference
Home Price $99,200.00$175,700.0043.5%
Avg. Mortgage Payment $734.86$1,081.0332.0%
Apartment Rent $596.00$920.0035.2%

Transportation

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

Utilities

ItemPanhandleNational 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.
White Deer, TX97780-20%
Panhandle, TX2,25082-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Columbus, MT2,25094-6%
Horseshoe Bend, AR2,25077-23%
Gates Mills, OH2,25013737%
Shawnee Hills CDP, OH2,25191-9%
Terrace Park, OH2,24914242%
Panhandle, TX2,25082-18%
Source: The Panhandle, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.