Cost Of Living in Denver City, TX

A+

7%

Overall NAT. AVG.

3%

Goods & Services NAT. AVG.

11%

Housing NAT. AVG.

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	Denver City	Texas	National
Cost of living	93	92	100
Goods & Services	97	96	100
Groceries	97	96	100
Health care	91	94	100
Housing	89	83	100
Transportation	91	92	100
Utilities	90	104	100

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Cost Of Living Quick Facts

The cost of living in Denver City is 1% higher than the Texas average
The cost of living in Denver City is 7% lower than the national average
Denver City housing is 11% 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

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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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$72,095	$6,008	$1,682	$2,163
Renters	$33,375	$2,781	$779	$1,001

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Denver City, TX, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Denver City homeowners, is $72,095. This would allow for a maximum of $1,682 per month to be spent on housing costs. For renters, the median monthly income is $33,375 which would result in a maximum of $779 to be spent on rental costs.

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	Denver City	National avg.	Difference
Haircut	$31.33	$24.26	29.1%
Beauty Salon	$55.26	$45.56	21.3%
Toothpaste	$3.68	$3.70	0.6%
Shampoo	$1.28	$1.28	0.3%
Movie	$12.18	$12.13	0.4%
Bowling	$22.25	$18.00	23.6%

Groceries

Item	Denver City	National avg.	Difference
Ground Beef	$5.58	$5.84	4.4%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.55	$4.67	2.5%
Potatoes	$4.87	$4.93	1.3%
Pizza	$13.76	$12.09	13.8%
Beer	$10.37	$10.41	0.4%

Health Care

Item	Denver City	National avg.	Difference
Optometrist	$129.03	$125.68	2.7%
Doctor	$113.33	$135.78	16.5%
Dentist	$109.67	$113.29	3.2%
Ibuprofen	$10.27	$10.65	3.6%
Lipitor	$497.63	$468.60	6.2%

Housing

Item	Denver City	National avg.	Difference
Home Price	$157,800.00	$184,700.00	14.6%
Avg. Mortgage Payment	$1,909.05	$2,346.69	18.6%
Apartment Rent	$908.00	$949.00	4.3%

Transportation

Item	Denver City	National avg.	Difference
Gasoline	$3.26	$3.46	5.9%
Tire Balancing	$55.19	$59.92	7.9%

Utilities

Item	Denver City	National avg.	Difference
All Electricity	$189.14	$193.99	2.5%
Phone	$207.58	$192.25	8.0%

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.
Denver City, TX	4,857	93	7.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Benson, AZ	4,857	93	7.2%
Ridge Wood Heights, FL	4,856	111	11.3%
New Haven, MI	4,856	97	3.2%
Glendora, NJ	4,858	97	2.8%
Byram, CT	4,855	188	87.7%
Denver City, TX	4,857	93	7.0%