Beaumont, TX Cost Of Living

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Beaumont 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	Beaumont	Texas	National
Cost of living index	89	91	100
Index	Beaumont	Texas	National
Goods & Services index	98	93	100
Groceries index	90	91	100
Health care index	91	96	100
Housing index	63	83	100
Transportation index	95	94	100
Utilities index	129	100	100

A general overview of the cost of living index for Beaumont, TX is displayed above. In Beaumont, TX, the overall cost of living index is 89, which is 2% lower than the Texas average and 11% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Beaumont, TX, the city's goods and services are 5% higher than the Texas average and 2% lower than the U.S. average.

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Did you know?

The cost of living in Beaumont is 2% lower than the Texas average.
The cost of living in Beaumont is 11% lower than the national average.
The cost of housing in Beaumont is 37% 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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Salary Calculator

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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

The salary calculator allows you to compare how much your current salary in Beaumont, 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 Beaumont, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Beaumont, 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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$58,958	$4,913	$1,376	$1,769
Renters	$27,303	$2,275	$637	$819

One can approximate the cost of living and the housing affordability in Beaumont, 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 Beaumont, TX have a median income of $58,958. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,376 per month to avoid calamity and poverty. The renters in the city have an income of about $27,303, which would make their monthly maximum allowable rental costs $637.

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%

One thing to keep in mind when considering the cost of living in Beaumont, TX is the Texas sales tax and Texas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Texas sales tax rate is 6.25% and the maximum surtax that can be charged is 8.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

Item	Beaumont	National avg.	Difference
Haircut	$16.54	$16.09	2.9%
Beauty Salon	$39.01	$37.33	4.5%
Toothpaste	$1.99	$2.45	18.9%
Shampoo	$0.82	$1.00	17.8%
Movie	$9.85	$10.28	4.2%
Bowling	$4.67	$4.93	5.2%

Groceries

Item	Beaumont	National avg.	Difference
Ground Beef	$3.70	$3.80	2.7%
Fried Chicken	$1.18	$1.40	15.3%
Milk	$1.59	$2.01	20.7%
Potatoes	$2.92	$3.01	3.1%
Pizza	$8.46	$9.89	14.4%
Beer	$9.07	$8.90	2.0%

Health Care

Item	Beaumont	National avg.	Difference
Optometrist	$132.57	$102.16	29.8%
Doctor	$79.13	$108.36	27.0%
Dentist	$87.34	$92.53	5.6%
Ibuprofen	$8.29	$9.28	10.7%
Lipitor	$424.78	$425.82	0.2%

Housing

Item	Beaumont	National avg.	Difference
Home Price	$99,800.00	$184,700.00	46.0%
Avg. Mortgage Payment	$1,005.16	$1,202.44	16.4%
Apartment Rent	$787.00	$949.00	17.1%

Transportation

Item	Beaumont	National avg.	Difference
Gasoline	$1.98	$2.24	11.7%
Tire Balancing	$50.26	$46.29	8.6%

Utilities

Item	Beaumont	National avg.	Difference
All Electricity	$189.64	$165.96	14.3%
Phone	$42.24	$28.68	47.3%

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.
Rose City, TX	379	84	-16%
Port Arthur, TX	54,913	84	-16%
Vidor, TX	10,928	86	-14%
Groves, TX	15,798	89	-11%
China, TX	908	90	-10%
Beaumont, TX	117,729	89	-11%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Ann Arbor, MI	118,087	108	8%
Independence, MO	117,217	85	-15%
Columbia, MO	117,165	96	-4%
Berkeley, CA	118,585	190	90%
Springfield, IL	116,745	91	-9%
Beaumont, TX	117,729	89	-11%

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

Beaumont, TX Cost of Living