Carthage 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 index8491100
Goods & Services index9593100
Groceries index9291100
Health care index10096100
Housing index6183100
Transportation index9994100
Utilities index78100100
A general overview of the cost of living index for Carthage, TX is displayed above. In Carthage, TX, the overall cost of living index is 84, which is 8% lower than the Texas average and 16% 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 Carthage, TX, the city's goods and services are 2% higher than the Texas average and 5% lower than the U.S. average.

Did you know?

  • The cost of living in Carthage is 8% lower than the Texas average.
  • The cost of living in Carthage is 16% lower than the national average.
  • The cost of housing in Carthage is 39% 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 Carthage, 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 Carthage, 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 Carthage, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Carthage, 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)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Carthage, TX, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Carthage, TX, the median monthly income is $52,196 for those who own their own homes. Under the standard rule, that income level would allow for $1,218 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $44,375, per the median income in the area. That would allow for renters to spend up to $1,035 on monthly rental expenses.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
The Texas sales tax and Texas income tax rates should definitely be considered when determining the overall cost of living in Carthage, TX. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Texas sales tax is 6.25% and the maximum surtax is 8.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemCarthageNational avg.Difference
Haircut $13.26$16.0917.6%
Beauty Salon $37.61$37.330.7%
Toothpaste $2.40$2.451.9%
Shampoo $1.02$1.001.9%
Movie $10.13$10.281.4%
Bowling $4.36$4.9311.6%


ItemCarthageNational avg.Difference
Ground Beef $3.58$3.805.8%
Fried Chicken $1.03$1.4026.0%
Milk $1.76$2.0112.2%
Potatoes $3.11$3.013.4%
Pizza $8.45$9.8914.6%
Beer $9.26$8.904.1%

Health Care

ItemCarthageNational avg.Difference
Optometrist $109.55$102.167.2%
Doctor $108.01$108.360.3%
Dentist $94.46$92.532.1%
Ibuprofen $9.18$9.281.1%
Lipitor $403.73$425.825.2%


ItemCarthageNational avg.Difference
Home Price $105,200.00$184,700.0043.0%
Avg. Mortgage Payment $1,086.91$1,202.449.6%
Apartment Rent $674.00$949.0029.0%


ItemCarthageNational avg.Difference
Gasoline $2.11$2.245.8%
Tire Balancing $50.85$46.299.8%


ItemCarthageNational avg.Difference
All Electricity$121.45$165.9626.8%
Phone $23.90$28.6816.7%
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.
Tenaha, TX1,25783-17%
Beckville, TX1,03478-22%
Gary City, TX51085-15%
Tatum, TX1,07884-16%
Carthage, TX6,82884-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Centerville, SC6,82890-10%
Treasure Island, FL6,82712222%
Whitinsville, MA6,83112424%
Barrington, NJ6,83111010%
Winthrop Harbor, IL6,8321011%
Carthage, TX6,82884-16%
Source: The Carthage, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.