Edinburg, TX Cost Of Living

Edinburg 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.
Index	Edinburg	Texas	National
Cost of living index	76	91	100
Index	Edinburg	Texas	National
Goods & Services index	78	93	100
Groceries index	83	91	100
Health care index	74	96	100
Housing index	62	83	100
Transportation index	88	94	100
Utilities index	88	100	100

A general summary of the cost of living index in Edinburg, TX is shown above. Compared to the state average of Texas the cost of living index in Edinburg, TX is 76, which is 17% lower than the average in Texas and compared to the national average it is 24% 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 Edinburg, TX goods and services come in at 16% lower than the average in Texas and are 22% lower than compared to the nationwide average.

Did you know?

The cost of living in Edinburg is 17% lower than the Texas average.
The cost of living in Edinburg is 24% lower than the national average.
The cost of housing in Edinburg is 38% 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in Edinburg, TX to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Edinburg, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Edinburg, TX salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$62,034	$5,170	$1,447	$1,861
Renters	$26,588	$2,216	$620	$798

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 Edinburg, 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. Edinburg, TX has a median income of about $62,034 for people who own homes. Based on that number, a person should spend a maximum of $1,447 on expenses related to housing. Renters have a slightly different median income, which is $26,588. Based on this average, renters should spend no more than $620 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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%

The Texas sales tax and Texas income tax rates should definitely be considered when determining the overall cost of living in Edinburg, 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

Item	Edinburg	National avg.	Difference
Haircut	$8.50	$16.09	47.2%
Beauty Salon	$31.83	$37.33	14.7%
Toothpaste	$1.82	$2.45	25.5%
Shampoo	$0.81	$1.00	18.7%
Movie	$10.55	$10.28	2.6%
Bowling	$4.35	$4.93	11.8%

Groceries

Item	Edinburg	National avg.	Difference
Ground Beef	$2.60	$3.80	31.7%
Fried Chicken	$0.98	$1.40	29.6%
Milk	$1.95	$2.01	3.0%
Potatoes	$1.97	$3.01	34.6%
Pizza	$8.17	$9.89	17.4%
Beer	$8.54	$8.90	4.0%

Health Care

Item	Edinburg	National avg.	Difference
Optometrist	$88.89	$102.16	13.0%
Doctor	$58.33	$108.36	46.2%
Dentist	$63.67	$92.53	31.2%
Ibuprofen	$7.97	$9.28	14.1%
Lipitor	$434.01	$425.82	1.9%

Housing

Item	Edinburg	National avg.	Difference
Home Price	$104,900.00	$184,700.00	43.2%
Avg. Mortgage Payment	$792.68	$1,202.44	34.1%
Apartment Rent	$704.00	$949.00	25.8%

Transportation

Item	Edinburg	National avg.	Difference
Gasoline	$2.02	$2.24	9.8%
Tire Balancing	$38.22	$46.29	17.4%

Utilities

Item	Edinburg	National avg.	Difference
All Electricity	$171.76	$165.96	3.5%
Phone	$19.99	$28.68	30.3%

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, State	Population	Cost of Living Index	National Avg.
La Chuparosa, TX	33	83	-17%
Evergreen, TX	55	81	-19%
Barrera, TX	0	81	-19%
La Esperanza, TX	33	81	-19%
E. Lopez, TX	145	81	-19%
Edinburg, TX	84,399	76	-24%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Bend, OR	84,416	120	20%
Bellingham, WA	84,462	120	20%
Trenton, NJ	84,559	97	-3%
Riverview, FL	84,590	102	2%
Champaign, IL	84,672	93	-7%
Edinburg, TX	84,399	76	-24%

Source: The Edinburg, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Edinburg, TX Cost of Living