Horseshoe Bend, Texas Cost Of Living

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Overall 21%

Goods & Services 7%

Housing 80%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Horseshoe Bend	Texas	National
Cost of living	79	92	100
Goods & Services	107	97	100
Groceries	98	91	100
Health care	112	95	100
Housing	20	83	100
Transportation	90	94	100
Utilities	110	103	100

Key findings

The cost of living in Horseshoe Bend is 15% lower than the Texas average
The cost of living in Horseshoe Bend is 21% lower than the national average
Horseshoe Bend housing is 80% 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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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	$38,981	$3,248	$909	$1,170
Renters	$0	$0	$0	$0

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	Horseshoe Bend	National avg.	Difference
Haircut	$30.17	$20.27	48.8%
Beauty Salon	$51.54	$40.39	27.6%
Toothpaste	$2.13	$2.36	9.7%
Shampoo	$0.96	$1.08	10.8%
Movie	$13.02	$10.99	18.5%
Bowling	$16.28	$15.49	5.1%

Groceries

Item	Horseshoe Bend	National avg.	Difference
Ground Beef	$4.07	$4.30	5.3%
Fried Chicken	$1.19	$1.40	15.0%
Milk	$2.29	$2.20	4.0%
Potatoes	$3.91	$3.22	21.6%
Pizza	$9.38	$10.74	12.7%
Beer	$10.21	$9.60	6.4%

Health Care

Item	Horseshoe Bend	National avg.	Difference
Optometrist	$112.55	$109.73	2.6%
Doctor	$132.09	$118.34	11.6%
Dentist	$126.71	$100.94	25.5%
Ibuprofen	$9.35	$9.93	5.9%
Lipitor	$477.75	$469.53	1.8%

Housing

Item	Horseshoe Bend	National avg.	Difference
Home Price	$36,100.00	$184,700.00	80.5%
Avg. Mortgage Payment	$1,151.31	$1,229.62	6.4%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Horseshoe Bend	National avg.	Difference
Gasoline	$2.50	$2.71	7.8%
Tire Balancing	$44.33	$51.86	14.5%

Utilities

Item	Horseshoe Bend	National avg.	Difference
All Electricity	$200.26	$170.84	17.2%
Phone	$188.86	$187.18	0.9%

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.
Hutchins, TX	5,644	89	11.0%
Cockrell Hill, TX	4,301	90	10.5%
Duncanville, TX	39,599	95	4.6%
Grand Prairie, TX	185,631	97	3.3%
Arlington, TX	383,899	96	4.2%
Horseshoe Bend, TX	748	79	21.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Victor, MT	748	88	11.9%
Roosevelt, NJ	748	119	18.7%
Beech Creek, PA	748	88	11.8%
Onida, SD	748	85	14.9%
La Farge, WI	748	88	12.4%
Horseshoe Bend, TX	748	79	21.5%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.