Roma 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.
IndexRomaTexasNational
Cost of living index6891100
IndexRomaTexasNational
Goods & Services index7697100
Groceries index7990100
Health care index8196100
Housing index4581100
Transportation index8695100
Utilities index7994100
Displayed above is a general overview of the Roma, TX cost of living index. The overall cost of living index in Roma, TX is 68, which is 25% lower than the Texas average and 32% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Roma, TX are 22% lower than the Texas average and 24% lower than the national average.

Did you know?

  • The cost of living in Roma is 25% lower than the Texas average.
  • The cost of living in Roma is 32% lower than the national average.
  • The cost of housing in Roma is 55% 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 Roma, 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 meant to help you compare your salary in Roma, TX to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Roma, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Roma, TX salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$29,031$2,419$677$871
Renters$10,697$891$250$321
The affordability of the housing market in Roma, 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 Roma, TX homeowners, the median income is $29,031. This indicates that a monthly maximum of $677 should be spent by homeowners on all housing related costs. Renters have a median income of $10,697. This indicates that renters should have a maximum of $250 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%
When you are determining the total cost of living in Roma, TX you will want to make sure you consider both the Texas sales tax and the Texas income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Texas is 6.25%, with the highest surtax being 8.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Texas have a range from 0% to 0%.

Goods & Services

ItemRomaNational avg.Difference
Haircut $10.00$14.5931.5%
Beauty Salon $23.33$34.6832.7%
Toothpaste $1.54$2.4737.7%
Shampoo $0.75$1.0226.6%
Movie $10.00$9.871.3%
Bowling $4.25$4.393.2%

Groceries

ItemRomaNational avg.Difference
Ground Beef $3.77$4.4815.8%
Fried Chicken $1.18$1.4619.4%
Milk $2.21$2.366.2%
Potatoes $2.58$3.0615.7%
Pizza $8.00$9.2413.4%
Beer $6.73$8.6322.0%

Health Care

ItemRomaNational avg.Difference
Optometrist $60.00$99.7839.9%
Doctor $68.75$105.0334.5%
Dentist $66.00$88.7025.6%
Ibuprofen $7.97$9.4115.3%
Lipitor $329.99$298.5010.6%

Housing

ItemRomaNational avg.Difference
Home Price $78,200.00$175,700.0055.5%
Avg. Mortgage Payment $776.23$1,081.0328.2%
Apartment Rent $439.00$920.0052.3%

Transportation

ItemRomaNational avg.Difference
Gasoline $1.70$2.0918.8%
Tire Balancing $44.33$45.292.1%

Utilities

ItemRomaNational avg.Difference
All Electricity$153.09$170.8010.4%
Phone $17.99$28.2636.3%
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, StatePopulationCost of Living IndexNational Avg.
Valle Hermoso, TX083-17%
Jardin de San Julian, TX2678-22%
Sandoval, TX993-7%
Benjamin Perez, TX078-22%
H. Cuellar Estates, TX2778-22%
Roma, TX9,93868-32%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sandy, OR9,94511616%
Troy, IL9,93198-2%
George Mason, VA9,92814545%
London, OH9,92487-13%
Northampton, PA9,9211044%
Roma, TX9,93868-32%
Source: The Roma, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.