A+
8%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
26%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Beaumont Texas National
Cost of living9292100
Goods & Services10296100
Groceries9796100
Health care9694100
Housing7483100
Transportation9392100
Utilities108104100

An Overview of Cost of Living in Beaumont, TX

Getting a feel for the cost of living in Beaumont is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Beaumont is 92, which is 8% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

In Beaumont, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Beaumont will resemble that of an average city, contributing to a manageable cost of living.

What Do Locals Say About the Cost of Living in Beaumont?

The most insightful perspective on a city comes from its residents. We recently surveyed 11 locals to gauge their perception of the cost of living in Beaumont. The feedback revealed that 64% of respondents found the cost of living to be reasonable, with prices on the decline, while 36% regarded it as notably expensive with prices that continue to rise.

Is Beaumont Affordable?

Is Beaumont affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Beaumont, for instance, where the median home price falls 33% lower than the national average, and monthly rent rates are 8.5% lower than usual. Additionally, median income levels contribute to the equation, with Beaumont flaunting a median household income of $48,168, 12.9% lower than the national norm.

What Factors can Influence the Cost of Living in Beaumont?

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Beaumont, the groceries index is 3% lower than the national average.

Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Beaumont, is 25.7% lower than the national average.

Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday goods and services like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Beaumont starts at 6.25% and the income tax rates start at 0%.

Where is the Data From?

The cost of living data in Beaumont displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Beaumont is equal to the Texas average
  • The cost of living in Beaumont is 8% lower than the national average
  • Beaumont housing is 26% lower than the national average
  • Texas general sales tax is 22% higher than the national average
  • Texas state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Beaumont

See all the best places to live around Beaumont

Compare Beaumont, TX Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$65,241$5,437$1,522$1,957
      Renters$34,177$2,848$797$1,025
      To approximate the cost of living and the housing affordability in Beaumont, TX, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Beaumont have a median income of $65,241. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,522 per month to avoid calamity and poverty. The renters in the city have an income of about $34,177, which would make their monthly maximum allowable rental costs $797.

      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%

      Goods & Services

      Item Beaumont National avg. Difference
      Haircut $26.22$24.268.1%
      Beauty Salon $46.89$45.562.9%
      Toothpaste $3.66$3.701.0%
      Shampoo $1.16$1.289.1%
      Movie $11.93$12.131.7%
      Bowling $19.17$18.006.5%

      Groceries

      Item Beaumont National avg. Difference
      Ground Beef $5.37$5.848.1%
      Fried Chicken $1.49$1.575.5%
      Milk $4.66$4.670.3%
      Potatoes $4.17$4.9315.6%
      Pizza $10.99$12.099.1%
      Beer $10.23$10.411.8%

      Health Care

      Item Beaumont National avg. Difference
      Optometrist $119.32$125.685.1%
      Doctor $87.50$135.7835.6%
      Dentist $104.52$113.297.7%
      Ibuprofen $10.41$10.652.3%
      Lipitor $480.00$468.602.4%

      Housing

      Item Beaumont National avg. Difference
      Home Price $123,700.00$184,700.0033.0%
      Avg. Mortgage Payment $2,167.70$2,346.697.6%
      Apartment Rent $868.00$949.008.5%

      Transportation

      Item Beaumont National avg. Difference
      Gasoline $3.06$3.4611.6%
      Tire Balancing $48.89$59.9218.4%

      Utilities

      Item Beaumont National avg. Difference
      All Electricity $214.33$193.9910.5%
      Phone $209.24$192.258.8%
      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 Population Cost of Living Index National Avg.
      Rose City, TX4418217.9%
      Port Arthur, TX54,7058614.3%
      Vidor, TX10,6588614.3%
      Pine Forest, TX425927.8%
      China, TX1,069927.7%
      Beaumont, TX117,321927.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Lansing, MI117,4888416.5%
      Independence, MO117,1398812.1%
      Rochester, MN117,1341044.2%
      Provo, UT116,88611212.4%
      Cambridge, MA117,822201101.1%
      Beaumont, TX117,321927.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.