Lipan, Texas Cost Of Living

Buy Rent

B

Overall 11%

Goods & Services 5%

Housing 41%

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	Lipan	Texas	National
Cost of living	89	92	100
Goods & Services	105	97	100
Groceries	100	91	100
Health care	96	95	100
Housing	59	83	100
Transportation	93	94	100
Utilities	110	103	100

Key findings

The cost of living in Lipan is 3% lower than the Texas average
The cost of living in Lipan is 11% lower than the national average
Lipan housing is 41% 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	$56,125	$4,677	$1,309	$1,684
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	Lipan	National avg.	Difference
Haircut	$29.60	$20.27	46.0%
Beauty Salon	$63.06	$40.39	56.1%
Toothpaste	$2.16	$2.36	8.4%
Shampoo	$1.26	$1.08	17.1%
Movie	$11.00	$10.99	0.1%
Bowling	$19.20	$15.49	23.9%

Groceries

Item	Lipan	National avg.	Difference
Ground Beef	$4.55	$4.30	5.9%
Fried Chicken	$1.45	$1.40	3.9%
Milk	$2.01	$2.20	8.6%
Potatoes	$3.19	$3.22	0.9%
Pizza	$10.15	$10.74	5.5%
Beer	$9.56	$9.60	0.4%

Health Care

Item	Lipan	National avg.	Difference
Optometrist	$97.41	$109.73	11.2%
Doctor	$92.61	$118.34	21.7%
Dentist	$106.16	$100.94	5.2%
Ibuprofen	$9.92	$9.93	0.1%
Lipitor	$468.95	$469.53	0.1%

Housing

Item	Lipan	National avg.	Difference
Home Price	$82,500.00	$184,700.00	55.3%
Avg. Mortgage Payment	$939.06	$1,229.62	23.6%
Apartment Rent	$880.00	$949.00	7.3%

Transportation

Item	Lipan	National avg.	Difference
Gasoline	$2.45	$2.71	9.7%
Tire Balancing	$50.46	$51.86	2.7%

Utilities

Item	Lipan	National avg.	Difference
All Electricity	$201.01	$170.84	17.7%
Phone	$188.11	$187.18	0.5%

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.
Western Lake, TX	982	80	20.4%
Oak Trail Shores, TX	3,256	83	16.9%
Tolar, TX	916	93	6.7%
Granbury, TX	9,052	99	0.6%
Lipan, TX	492	89	10.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
French Gulch, CA	492	94	5.6%
Grangeville, CA	492	118	18.2%
Tallula, IL	492	84	16.3%
Colony, KS	492	76	24.0%
Oretta, LA	492	90	10.2%
Lipan, TX	492	89	10.6%

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