Port Isabel 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.
IndexPort IsabelTexasNational
Cost of living index7591100
IndexPort IsabelTexasNational
Goods & Services index7497100
Groceries index8290100
Health care index9196100
Housing index5781100
Transportation index8895100
Utilities index10594100
Here we can see a simple outline of the cost of living in Port Isabel, TX. As you can see, with the average cost of living in Port Isabel, TX being 75, that puts it 17% lower than the average of Texas and 25% 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 Port Isabel, TX, the price of goods and services are 24% lower than the average of Texas as well as 26% lower than the nation's average.

Did you know?

  • The cost of living in Port Isabel is 17% lower than the Texas average.
  • The cost of living in Port Isabel is 25% lower than the national average.
  • The cost of housing in Port Isabel is 43% 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 Port Isabel, 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 used in order to provide a comparison of your current salary in Port Isabel, TX to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Port Isabel, TX, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Port Isabel, TX salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$42,831$3,569$999$1,285
Renters$26,250$2,188$612$788
The affordability of the housing market in Port Isabel, TX as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Port Isabel, TX homeowners, the median income is $42,831. This indicates that a monthly maximum of $999 should be spent by homeowners on all housing related costs. Renters have a median income of $26,250. This indicates that renters should have a maximum of $612 used for their rent related monthly costs.

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 Port Isabel, 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

ItemPort IsabelNational avg.Difference
Haircut $7.00$14.5952.0%
Beauty Salon $29.66$34.6814.5%
Toothpaste $1.47$2.4740.6%
Shampoo $0.81$1.0220.7%
Movie $10.00$9.871.3%
Bowling $3.75$4.3914.6%

Groceries

ItemPort IsabelNational avg.Difference
Ground Beef $3.78$4.4815.6%
Fried Chicken $1.08$1.4626.2%
Milk $2.48$2.365.2%
Potatoes $2.33$3.0623.9%
Pizza $8.00$9.2413.4%
Beer $8.54$8.631.1%

Health Care

ItemPort IsabelNational avg.Difference
Optometrist $75.00$99.7824.8%
Doctor $97.50$105.037.2%
Dentist $74.33$88.7016.2%
Ibuprofen $7.73$9.4117.9%
Lipitor $316.88$298.506.2%

Housing

ItemPort IsabelNational avg.Difference
Home Price $93,800.00$175,700.0046.6%
Avg. Mortgage Payment $765.98$1,081.0329.1%
Apartment Rent $591.00$920.0035.8%

Transportation

ItemPort IsabelNational avg.Difference
Gasoline $1.89$2.099.4%
Tire Balancing $36.00$45.2920.5%

Utilities

ItemPort IsabelNational avg.Difference
All Electricity$178.26$170.804.4%
Phone $30.00$28.266.2%
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.
Del Mar Heights, TX26183-17%
Laguna Heights, TX3,07567-33%
South Point, TX1,05768-32%
Reid Hope King, TX54871-29%
Villa Pancho, TX58274-26%
Port Isabel, TX5,03375-25%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Delhi Hills, OH5,03295-5%
Gilmer, TX5,03188-12%
Allegan, MI5,03081-19%
Sparta, TN5,03680-20%
McCordsville, IN5,0371000%
Port Isabel, TX5,03375-25%
Source: The Port Isabel, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.