Rio Grande City, TX Cost Of Living

Rio Grande City 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.
Index	Rio Grande City	Texas	National
Cost of living index	71	91	100
Index	Rio Grande City	Texas	National
Goods & Services index	78	93	100
Groceries index	83	91	100
Health care index	74	96	100
Housing index	48	83	100
Transportation index	88	94	100
Utilities index	88	100	100

The above illustration supplies generalized information for the Rio Grande City, TX cost of living index. Compared to other cities in Texas and cities across the country, the cost of living index in Rio Grande City, TX is 71, which is 21% lower than the Texas average and 29% 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 Rio Grande City, TX are 16% lower than the average for Texas and 22% lower than the rest of the country.

Did you know?

The cost of living in Rio Grande City is 21% lower than the Texas average.
The cost of living in Rio Grande City is 29% lower than the national average.
The cost of housing in Rio Grande City is 52% 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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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 income in Rio Grande City, TX to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Rio Grande City, TX, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Rio Grande City, TX salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$46,110	$3,843	$1,076	$1,383
Renters	$17,320	$1,443	$404	$520

The affordability of the housing market in Rio Grande City, 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 Rio Grande City, TX homeowners, the median income is $46,110. This indicates that a monthly maximum of $1,076 should be spent by homeowners on all housing related costs. Renters have a median income of $17,320. This indicates that renters should have a maximum of $404 used for their rent related monthly costs.

Texas Sales Tax

State	General Sales Tax	With Max Surtax
Texas	6.25%	8.25%

Texas Income Tax

State	Income Tax (Low)	Income Tax (High)
Texas	0%	0%

The Texas sales tax and Texas income tax rates should definitely be considered when determining the overall cost of living in Rio Grande City, TX. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Texas sales tax is 6.25% and the maximum surtax is 8.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

Item	Rio Grande City	National avg.	Difference
Haircut	$8.50	$16.09	47.2%
Beauty Salon	$31.83	$37.33	14.7%
Toothpaste	$1.82	$2.45	25.5%
Shampoo	$0.81	$1.00	18.7%
Movie	$10.55	$10.28	2.6%
Bowling	$4.35	$4.93	11.8%

Groceries

Item	Rio Grande City	National avg.	Difference
Ground Beef	$2.60	$3.80	31.7%
Fried Chicken	$0.98	$1.40	29.6%
Milk	$1.95	$2.01	3.0%
Potatoes	$1.97	$3.01	34.6%
Pizza	$8.17	$9.89	17.4%
Beer	$8.54	$8.90	4.0%

Health Care

Item	Rio Grande City	National avg.	Difference
Optometrist	$88.89	$102.16	13.0%
Doctor	$58.33	$108.36	46.2%
Dentist	$63.67	$92.53	31.2%
Ibuprofen	$7.97	$9.28	14.1%
Lipitor	$434.01	$425.82	1.9%

Housing

Item	Rio Grande City	National avg.	Difference
Home Price	$77,800.00	$184,700.00	57.9%
Avg. Mortgage Payment	$792.68	$1,202.44	34.1%
Apartment Rent	$572.00	$949.00	39.7%

Transportation

Item	Rio Grande City	National avg.	Difference
Gasoline	$2.02	$2.24	9.8%
Tire Balancing	$38.22	$46.29	17.4%

Utilities

Item	Rio Grande City	National avg.	Difference
All Electricity	$171.76	$165.96	3.5%
Phone	$19.99	$28.68	30.3%

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, State	Population	Cost of Living Index	National Avg.
Gutierrez, TX	102	81	-19%
Rafael Pena, TX	0	81	-19%
Nina, TX	59	81	-19%
Elias-Fela Solis, TX	29	81	-19%
Martinez, TX	0	81	-19%
Rio Grande City, TX	14,242	71	-29%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Highland Park, NJ	14,245	130	30%
Carthage, MO	14,247	82	-18%
Swampscott, MA	14,250	151	51%
Colesville, MD	14,233	138	38%
Red Hill, SC	14,251	97	-3%
Rio Grande City, TX	14,242	71	-29%

Source: The Rio Grande City, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Rio Grande City, TX Cost of Living