Pilot Point 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.
IndexPilot PointTexasNational
Cost of living index8691100
IndexPilot PointTexasNational
Goods & Services index8997100
Groceries index9190100
Health care index8796100
Housing index7581100
Transportation index10495100
Utilities index8194100
The above illustration supplies generalized information for the Pilot Point, TX cost of living index. Compared to other cities in Texas and cities across the country, the cost of living index in Pilot Point, TX is 86, which is 6% lower than the Texas average and 14% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Pilot Point, TX are 9% lower than the average for Texas and 12% lower than the rest of the country.

Did you know?

  • The cost of living in Pilot Point is 6% lower than the Texas average.
  • The cost of living in Pilot Point is 14% lower than the national average.
  • The cost of housing in Pilot Point is 25% 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 Pilot Point, 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
Using the salary calculator lets you compare the salary you earn in Pilot Point, TX to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Pilot Point, TX, you have to earn a higher income in order to still have the same standard of living. To operate the Pilot Point, TX salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$65,845$5,487$1,536$1,976
Renters$33,798$2,817$789$1,014
One can approximate the cost of living and the housing affordability in Pilot Point, 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 Pilot Point, TX have a median income of $65,845. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,536 per month to avoid calamity and poverty. The renters in the city have an income of about $33,798, which would make their monthly maximum allowable rental costs $789.

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 Pilot Point, 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

ItemPilot PointNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $23.50$34.6832.2%
Toothpaste $2.39$2.473.4%
Shampoo $1.09$1.026.7%
Movie $8.75$9.8711.3%
Bowling $4.00$4.398.9%

Groceries

ItemPilot PointNational avg.Difference
Ground Beef $3.60$4.4819.6%
Fried Chicken $1.08$1.4626.2%
Milk $3.36$2.3642.6%
Potatoes $3.30$3.067.8%
Pizza $9.99$9.248.1%
Beer $8.50$8.631.5%

Health Care

ItemPilot PointNational avg.Difference
Optometrist $85.00$99.7814.8%
Doctor $85.00$105.0319.1%
Dentist $75.00$88.7015.4%
Ibuprofen $9.59$9.411.9%
Lipitor $272.49$298.508.7%

Housing

ItemPilot PointNational avg.Difference
Home Price $112,800.00$175,700.0035.8%
Avg. Mortgage Payment $815.00$1,081.0324.6%
Apartment Rent $930.00$920.001.1%

Transportation

ItemPilot PointNational avg.Difference
Gasoline $2.00$2.094.4%
Tire Balancing $58.00$45.2928.1%

Utilities

ItemPilot PointNational avg.Difference
All Electricity$129.85$170.8024.0%
Phone $24.95$28.2611.7%
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.
Lincoln Park, TX28887-13%
Valley View, TX1,02781-19%
Collinsville, TX1,69483-17%
Tioga, TX1,00684-16%
Sanger, TX7,23798-2%
Pilot Point, TX3,96786-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
University Center, VA3,96712020%
Charlotte Harbor, FL3,96993-7%
Eagleton Village, TN3,96983-17%
North Brooksville, FL3,96484-16%
Tabor City, NC3,97087-13%
Pilot Point, TX3,96786-14%
Source: The Pilot Point, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.