Lake Brownwood, Texas Cost Of Living

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Overall 21%

Goods & Services 9%

Housing 58%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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	Lake Brownwood	Texas	National
Cost of living	79	91	100
Goods & Services	91	95	100
Groceries	87	90	100
Health care	107	97	100
Housing	42	83	100
Transportation	93	94	100
Utilities	109	102	100

Key findings

The cost of living in Lake Brownwood is 14% lower than the Texas average
The cost of living in Lake Brownwood is 21% lower than the national average
Lake Brownwood housing is 58% 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	$41,020	$3,418	$957	$1,231
Renters	$48,750	$4,063	$1,137	$1,463

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	Lake Brownwood	National avg.	Difference
Haircut	$17.50	$17.49	0.1%
Beauty Salon	$41.75	$38.17	9.4%
Toothpaste	$2.33	$2.32	0.4%
Shampoo	$0.81	$1.01	20.0%
Movie	$10.10	$10.72	5.8%
Bowling	$14.50	$13.86	4.6%

Groceries

Item	Lake Brownwood	National avg.	Difference
Ground Beef	$3.18	$3.90	18.5%
Fried Chicken	$1.03	$1.40	26.2%
Milk	$1.50	$1.96	23.6%
Potatoes	$3.00	$3.18	5.7%
Pizza	$8.28	$10.39	20.3%
Beer	$9.68	$9.23	4.9%

Health Care

Item	Lake Brownwood	National avg.	Difference
Optometrist	$140.00	$106.34	31.7%
Doctor	$121.60	$115.25	5.5%
Dentist	$98.50	$98.38	0.1%
Ibuprofen	$7.97	$9.26	13.9%
Lipitor	$574.19	$466.47	23.1%

Housing

Item	Lake Brownwood	National avg.	Difference
Home Price	$69,200.00	$184,700.00	62.5%
Avg. Mortgage Payment	$1,025.09	$1,273.32	19.5%
Apartment Rent	$510.00	$949.00	46.3%

Transportation

Item	Lake Brownwood	National avg.	Difference
Gasoline	$2.46	$2.59	5.2%
Tire Balancing	$45.60	$48.90	6.7%

Utilities

Item	Lake Brownwood	National avg.	Difference
All Electricity	$195.10	$167.60	16.4%
Phone	$182.64	$163.42	11.8%

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.
Santa Anna CDP, TX	39	94	-6%
Santa Anna, TX	1,297	76	-24%
Thunderbird Bay, TX	562	79	-21%
Bangs, TX	1,599	79	-21%
Brownwood, TX	19,081	82	-18%
Lake Brownwood, TX	1,295	79	-21%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Porcupine, SD	1,295	73	-27%
Elton, LA	1,295	77	-23%
Mabscott, WV	1,295	89	-11%
Onarga, IL	1,295	87	-13%
Burwell, NE	1,296	76	-24%
Lake Brownwood, TX	1,295	79	-21%

Source: The Lake Brownwood, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.