Bay 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.
IndexBay CityTexasNational
Cost of living index7891100
IndexBay CityTexasNational
Goods & Services index8693100
Groceries index8391100
Health care index10196100
Housing index5983100
Transportation index9394100
Utilities index72100100
An overview of the general cost of living index for Bay City, TX is displayed above for your reference. Residents in Bay City, TX enjoy a cost of living index of 78. This index is 14% lower than the Texas average, and 22% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Bay City, TX, the average cost of goods and services is 8% lower than it is in Texas, and it is 14% lower than the national average.

Did you know?

  • The cost of living in Bay City is 14% lower than the Texas average.
  • The cost of living in Bay City is 22% lower than the national average.
  • The cost of housing in Bay City is 41% 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 Bay City, 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
Using the salary calculator lets you compare the salary you earn in Bay City, TX to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Bay City, TX, you have to earn a higher income in order to still have the same standard of living. To operate the Bay City, TX salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

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 Bay City, 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 Bay City, TX have a median income of $55,677. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,299 per month to avoid calamity and poverty. The renters in the city have an income of about $32,367, which would make their monthly maximum allowable rental costs $755.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Bay City, TX and want to know what the true cost of living is, they ought to look at both the Texas income tax rate and the Texas sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Texas, the sales tax is 6.25%, while the most you'll pay in surtax is 8.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Texas, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemBay CityNational avg.Difference
Haircut $15.40$16.094.3%
Beauty Salon $33.50$37.3310.3%
Toothpaste $1.86$2.4523.9%
Shampoo $0.78$1.0022.0%
Movie $7.69$10.2825.2%
Bowling $3.92$4.9320.5%


ItemBay CityNational avg.Difference
Ground Beef $3.36$3.8011.7%
Fried Chicken $0.99$1.4029.4%
Milk $1.47$2.0126.6%
Potatoes $1.83$3.0139.3%
Pizza $8.32$9.8915.8%
Beer $8.77$8.901.5%

Health Care

ItemBay CityNational avg.Difference
Optometrist $102.00$102.160.2%
Doctor $110.52$108.362.0%
Dentist $96.61$92.534.4%
Ibuprofen $8.11$9.2812.6%
Lipitor $431.50$425.821.3%


ItemBay CityNational avg.Difference
Home Price $97,000.00$184,700.0047.5%
Avg. Mortgage Payment $1,022.22$1,202.4415.0%
Apartment Rent $708.00$949.0025.4%


ItemBay CityNational avg.Difference
Gasoline $2.02$2.2410.2%
Tire Balancing $46.75$46.291.0%


ItemBay CityNational avg.Difference
All Electricity$131.84$165.9620.6%
Phone $18.33$28.6836.1%
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.
Markham, TX1,03972-28%
Van Vleck, TX2,38776-24%
Bay City, TX17,55878-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cocoa, FL17,55886-14%
Woodmere, NY17,55418080%
Colonial Heights, VA17,55497-3%
Culpeper, VA17,5651099%
Takoma Park, MD17,56715050%
Bay City, TX17,55878-22%
Source: The Bay City, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.