F
Overall 21%
Goods & Services 7%
Housing 59%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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.
IndexCoppellTexasNational
Cost of living12192100
Goods & Services10796100
Groceries10091100
Health care11495100
Housing15983100
Transportation9391100
Utilities108103100

Key findings

  • The cost of living in Coppell is 32% higher than the Texas average
  • The cost of living in Coppell is 21% higher than the national average
  • Coppell housing is 59% higher 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 Coppell, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$135,338$11,278$3,158$4,061
      Renters$69,847$5,821$1,630$2,096
      The affordability of the housing market in Coppell, TX as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Coppell homeowners, the median income is $135,338. This indicates that a monthly maximum of $3,158 should be spent by homeowners on all housing related costs. Renters have a median income of $69,847. This indicates that renters would have a maximum of $1,630 for their rent related monthly costs.

      Texas Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Texas6.25%8.25%

      Texas Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Texas0%0%

      Goods & Services

      ItemCoppellNational avg.Difference
      Haircut $27.33$18.6246.8%
      Beauty Salon $44.45$39.0513.8%
      Toothpaste $2.57$2.349.8%
      Shampoo $1.03$1.062.8%
      Movie $11.18$10.684.6%
      Bowling $21.14$14.6744.1%

      Groceries

      ItemCoppellNational avg.Difference
      Ground Beef $4.42$4.224.8%
      Fried Chicken $1.48$1.396.8%
      Milk $1.97$2.053.9%
      Potatoes $3.62$3.2910.2%
      Pizza $9.44$10.6211.2%
      Beer $10.12$9.387.9%

      Health Care

      ItemCoppellNational avg.Difference
      Optometrist $97.86$108.579.9%
      Doctor $121.08$116.174.2%
      Dentist $133.84$99.1335.0%
      Ibuprofen $9.34$9.683.4%
      Lipitor $482.91$466.923.4%

      Housing

      ItemCoppellNational avg.Difference
      Home Price $317,900.00$184,700.0072.1%
      Avg. Mortgage Payment $1,235.92$1,197.423.2%
      Apartment Rent $1,225.00$949.0029.1%

      Transportation

      ItemCoppellNational avg.Difference
      Gasoline $1.92$2.2213.7%
      Tire Balancing $53.65$50.077.2%

      Utilities

      ItemCoppellNational avg.Difference
      All Electricity$188.78$167.6712.6%
      Phone $185.48$175.645.6%
      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, StatePopulationCost of Living IndexNational Avg.
      Corral City, TX1499-1%
      Horseshoe Bend, TX74879-21%
      Bristol, TX37293-7%
      Richland Hills, TX8,03390-10%
      Grand Prairie, TX185,63197-3%
      Coppell, TX40,63112121%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      North Fort Myers, FL40,64289-11%
      Ormond Beach, FL40,68696-4%
      Quincy, IL40,68984-16%
      Goose Creek, SC40,5531011%
      Streamwood, IL40,55211111%
      Coppell, TX40,63112121%
      Source: The Coppell, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.