Breckenridge 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 index8291100
Goods & Services index9793100
Groceries index10091100
Health care index10596100
Housing index4383100
Transportation index9094100
Utilities index109100100
A general summary of the cost of living index in Breckenridge, TX is shown above. Compared to the state average of Texas the cost of living index in Breckenridge, TX is 82, which is 10% lower than the average in Texas and compared to the national average it is 18% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Breckenridge, TX goods and services come in at 4% higher than the average in Texas and are 3% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Breckenridge is 10% lower than the Texas average.
  • The cost of living in Breckenridge is 18% lower than the national average.
  • The cost of housing in Breckenridge is 57% 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 Breckenridge, 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 Breckenridge, 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 Breckenridge, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Breckenridge, 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)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Breckenridge, TX, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Breckenridge, TX has a median income of about $47,256 for people who own homes. Based on that number, a person should spend a maximum of $1,103 on expenses related to housing. Renters have a slightly different median income, which is $20,329. Based on this average, renters should spend no more than $474 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Breckenridge, 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

ItemBreckenridgeNational avg.Difference
Haircut $16.80$16.094.4%
Beauty Salon $40.10$37.337.4%
Toothpaste $2.85$2.4516.6%
Shampoo $0.89$1.0011.4%
Movie $9.12$10.2811.3%
Bowling $4.02$4.9318.6%


ItemBreckenridgeNational avg.Difference
Ground Beef $3.43$3.809.9%
Fried Chicken $1.22$1.4012.7%
Milk $1.69$2.0115.8%
Potatoes $3.54$3.0117.4%
Pizza $10.40$9.895.2%
Beer $8.65$8.902.7%

Health Care

ItemBreckenridgeNational avg.Difference
Optometrist $138.37$102.1635.4%
Doctor $135.26$108.3624.8%
Dentist $83.83$92.539.4%
Ibuprofen $9.01$9.282.9%
Lipitor $403.67$425.825.2%


ItemBreckenridgeNational avg.Difference
Home Price $66,100.00$184,700.0064.2%
Avg. Mortgage Payment $1,034.11$1,202.4414.0%
Apartment Rent $556.00$949.0041.4%


ItemBreckenridgeNational avg.Difference
Gasoline $1.93$2.2414.2%
Tire Balancing $45.90$46.290.8%


ItemBreckenridgeNational avg.Difference
All Electricity$212.43$165.9628.0%
Phone $24.99$28.6812.9%
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.
Moran, TX31279-21%
Breckenridge, TX5,57382-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Corcoran, MN5,57212323%
Pelican Bay, FL5,57218080%
Milton, WI5,57497-3%
Saranac Lake, NY5,5691011%
Wadesboro, NC5,57788-12%
Breckenridge, TX5,57382-18%
Source: The Breckenridge, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.