Raymondville 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.
IndexRaymondvilleTexasNational
Cost of living index6991100
IndexRaymondvilleTexasNational
Goods & Services index7497100
Groceries index8290100
Health care index9196100
Housing index3681100
Transportation index8895100
Utilities index10594100
Here we can see a simple outline of the cost of living in Raymondville, TX. As you can see, with the average cost of living in Raymondville, TX being 69, that puts it 24% lower than the average of Texas and 31% 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 Raymondville, 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 Raymondville is 24% lower than the Texas average.
  • The cost of living in Raymondville is 31% lower than the national average.
  • The cost of housing in Raymondville is 64% 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 Raymondville, 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
Use the salary calculator to compare your current salary in Raymondville, 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 Raymondville, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Raymondville, 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$31,228$2,602$729$937
Renters$9,502$792$222$285
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Raymondville, TX, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Raymondville, TX has a median income of about $31,228 for people who own homes. Based on that number, a person should spend a maximum of $729 on expenses related to housing. Renters have a slightly different median income, which is $9,502. Based on this average, renters should spend no more than $222 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Raymondville, 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

ItemRaymondvilleNational 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

ItemRaymondvilleNational 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

ItemRaymondvilleNational 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

ItemRaymondvilleNational avg.Difference
Home Price $52,100.00$175,700.0070.3%
Avg. Mortgage Payment $765.98$1,081.0329.1%
Apartment Rent $477.00$920.0048.2%

Transportation

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

Utilities

ItemRaymondvilleNational 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.
Yznaga, TX083-17%
Ranchette Estates, TX7583-17%
Tierra Bonita, TX12583-17%
Los Angeles, TX12893-7%
Santa Monica, TX10063-37%
Raymondville, TX11,22669-31%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Minooka, IL11,2251077%
Garden City, ID11,22394-6%
Waconia, MN11,2301099%
Lake Grove, NY11,23514747%
Haysville, KS11,23589-11%
Raymondville, TX11,22669-31%
Source: The Raymondville, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.