A+
8%
Overall NAT. AVG.
1%
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 Cloverleaf Texas National
Cost of living9292100
Goods & Services10196100
Groceries10096100
Health care9494100
Housing7483100
Transportation9092100
Utilities103104100

An Overview of Cost of Living in Cloverleaf, TX

Are you thinking about relocating, but curious about the potential cost of living in Cloverleaf? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Cloverleaf stands at 92, making it 8% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Cloverleaf aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. Cloverleaf residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

Is Cloverleaf Affordable?

Is Cloverleaf affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Cloverleaf, the median home price is 35.7% lower than the national average and monthly rent prices are 2.1% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Cloverleaf boasting a median household income of $49,276, 10.9% lower than the national average.

What Factors can Influence the Cost of Living in Cloverleaf?

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Cloverleaf, healthcare costs are 6.1% lower than the national average.

Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday goods and services, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Cloverleaf, the standard sales tax rate starts at 6.25%, and the income tax rates commence at 0%.

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Where is the Data From?

The Cloverleaf cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Cloverleaf is 1% lower than the Texas average
  • The cost of living in Cloverleaf is 8% lower than the national average
  • Cloverleaf 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 Cloverleaf

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Compare Cloverleaf, 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$60,179$5,015$1,404$1,806
      Renters$34,879$2,907$814$1,046
      A good indicator of the general affordability of housing in Cloverleaf, TX, 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 Cloverleaf, the median monthly income is $60,179 for those who own their own homes. Under the standard rule, that income level would allow for $1,404 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $34,879, per the median income in the area. That would allow for renters to spend up to $814 on monthly rental expenses.

      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 Cloverleaf National avg. Difference
      Haircut $20.33$24.2616.2%
      Beauty Salon $47.38$45.564.0%
      Toothpaste $3.48$3.706.1%
      Shampoo $1.22$1.285.0%
      Movie $12.19$12.130.4%
      Bowling $15.83$18.0012.0%

      Groceries

      Item Cloverleaf National avg. Difference
      Ground Beef $5.25$5.8410.1%
      Fried Chicken $1.61$1.572.4%
      Milk $4.55$4.672.5%
      Potatoes $5.00$4.931.4%
      Pizza $11.82$12.092.2%
      Beer $10.38$10.410.3%

      Health Care

      Item Cloverleaf National avg. Difference
      Optometrist $125.98$125.680.2%
      Doctor $90.89$135.7833.1%
      Dentist $108.10$113.294.6%
      Ibuprofen $10.46$10.651.8%
      Lipitor $503.40$468.607.4%

      Housing

      Item Cloverleaf National avg. Difference
      Home Price $118,800.00$184,700.0035.7%
      Avg. Mortgage Payment $2,055.86$2,346.6912.4%
      Apartment Rent $929.00$949.002.1%

      Transportation

      Item Cloverleaf National avg. Difference
      Gasoline $3.14$3.469.1%
      Tire Balancing $56.62$59.925.5%

      Utilities

      Item Cloverleaf National avg. Difference
      All Electricity $233.43$193.9920.3%
      Phone $208.71$192.258.6%
      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.
      Barrett, TX3,3898713.0%
      Jacinto City, TX10,5448713.0%
      Galena Park, TX10,8488811.7%
      Aldine, TX16,3088811.5%
      South Houston, TX17,522919.1%
      Cloverleaf, TX25,955928.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Lafayette, CA25,949283182.6%
      Chanhassen, MN25,96512726.8%
      Brawley, CA25,94211212.2%
      Northport, AL25,970982.3%
      La Prairie, QC25,972n/a 
      Cloverleaf, TX25,955928.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.