Allen 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.
Cost of living index10491100
Goods & Services index8395100
Groceries index9190100
Health care index10497100
Housing index13083100
Transportation index9694100
Utilities index117102100
Here we can see a simple outline of the cost of living in Allen, TX. As you can see, with the average cost of living in Allen, TX being 104, that puts it 14% higher than the average of Texas and 4% higher 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 Allen, TX, the price of goods and services are 12% lower than the average of Texas as well as 17% lower than the nation's average.
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Did you know?

  • The cost of living in Allen is 14% higher than the Texas average.
  • The cost of living in Allen is 4% higher than the national average.
  • The cost of housing in Allen is 30% higher 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.

Compare Allen, 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 allows you to compare how much your current salary in Allen, TX would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Allen, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Allen, TX salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      One can approximate the cost of living and the housing affordability in Allen, 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 Allen, TX have a median income of $116,430. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,717 per month to avoid calamity and poverty. The renters in the city have an income of about $61,261, which would make their monthly maximum allowable rental costs $1,429.

      Texas Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Texas Income Tax

      StateIncome Tax (Low)Income Tax (High)
      When considering the overall cost of living expenses in Allen, TX, it's important to take into account the sales tax for Texas, as well as the rate for income tax in Texas. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Texas is 8.25%, and the sales tax in the state of Texas is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Texas starts from 0% and goes up to 0%.

      Goods & Services

      ItemAllenNational avg.Difference
      Haircut $15.67$17.4910.4%
      Beauty Salon $33.40$38.1712.5%
      Toothpaste $1.74$2.3225.0%
      Shampoo $0.93$1.018.1%
      Movie $10.45$10.722.6%
      Bowling $15.25$13.8610.0%


      ItemAllenNational avg.Difference
      Ground Beef $3.75$3.903.8%
      Fried Chicken $1.31$1.406.1%
      Milk $1.69$1.9613.9%
      Potatoes $3.81$3.1819.7%
      Pizza $8.49$10.3918.3%
      Beer $9.74$9.235.5%

      Health Care

      ItemAllenNational avg.Difference
      Optometrist $103.25$106.342.9%
      Doctor $115.00$115.250.2%
      Dentist $108.00$98.389.8%
      Ibuprofen $8.99$9.262.9%
      Lipitor $496.33$466.476.4%


      ItemAllenNational avg.Difference
      Home Price $234,600.00$184,700.0027.0%
      Avg. Mortgage Payment $1,292.35$1,273.321.5%
      Apartment Rent $1,299.00$949.0036.9%


      ItemAllenNational avg.Difference
      Gasoline $2.50$2.593.6%
      Tire Balancing $47.39$48.903.1%


      ItemAllenNational avg.Difference
      All Electricity$218.94$167.6030.6%
      Phone $182.64$163.4211.8%
      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.
      St. Paul CDP, TX59476-24%
      Bristol, TX37284-16%
      Garland, TX234,81096-4%
      Princeton, TX8,27889-11%
      Farmers Branch, TX32,2111022%
      Allen, TX94,7101044%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Sparks, NV94,7181077%
      Brockton, MA94,81312020%
      Livonia, MI94,84999-1%
      Beaverton, OR94,86512626%
      League City, TX94,9761044%
      Allen, TX94,7101044%
      Source: The Allen, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.