Cost of Living in Gilmer, TX

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A+
9%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
28%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Gilmer Texas National
Cost of living9194100
Groceries9798100
Health care10198100
Housing7283100
Transportation10198100
Utilities104103100
Lifestyle & Entertainment9598100
Household Items9798100
Education & Childcare10398100
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Homes For Sale In Gilmer, TX

property for sale

702 S Montgomery St

Gilmer, TX
property for sale

1106 Tall Timbers

Gilmer, TX
property for sale

101 Red Pheasant Dr

Gilmer, TX
property for sale

650 Widgeon Ln

Gilmer, TX
See the Newest Homes For Sale In Gilmer, TX

Cost Of Living Quick Facts

  • The cost of living in Gilmer is 3% lower than the Texas average
  • The cost of living in Gilmer is 9% lower than the national average
  • Gilmer housing is 28% 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 Gilmer

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Compare Gilmer, 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
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$60,336$5,028$1,408$1,810
      Renters$39,561$3,297$923$1,187
      A good indicator of the general affordability of housing in Gilmer, 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 Gilmer, the median monthly income is $60,336 for those who own their own homes. Under the standard rule, that income level would allow for $1,408 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $39,561, per the median income in the area. That would allow for renters to spend up to $923 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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Big Sandy, TX1,4378614.5%
      Hawkins, TX1,6898614.0%
      Ore City, TX1,0748911.3%
      Gladewater, TX6,1188910.8%
      Lone Star, TX2,052909.6%
      Gilmer, TX5,306918.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Thatcher, AZ5,3061011.1%
      Myrtletown, CA5,30513433.8%
      Maplewood, WA5,30314847.6%
      Chackbay, LA5,302946.0%
      Elmsford, NY5,30214848.4%
      Gilmer, TX5,306918.7%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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