Cost of Living in Magnolia, TX

Get 300+ Local Insights for Any Address in Magnolia, TX

Get Access to 300+ Local Data Points
A+
3%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
13%
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 Magnolia Texas National
Cost of living10394100
Groceries9898100
Health care10198100
Housing11383100
Transportation9698100
Utilities100103100
Lifestyle & Entertainment9498100
Household Items9698100
Education & Childcare10398100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Magnolia, TX

property for sale

119 Southern Red Oak Ln

Magnolia, TX
property for sale

715 Hackberry Branch Ct

Magnolia, TX
property for sale

10626 Crystal Cove Dr

Magnolia, TX
property for sale

9322 Sendera Dr

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

Cost Of Living Quick Facts

  • The cost of living in Magnolia is 9% higher than the Texas average
  • The cost of living in Magnolia is 3% higher than the national average
  • Magnolia housing is 13% higher 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 Magnolia

See all the best places to live around Magnolia

Compare Magnolia, TX Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Magnolia?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Magnolia?
      Write a review to give others more information about this area.
      See all Magnolia poll results

      The best places in Texas

      Here are the best places to live in TexasThese are the 10 cheapest cities in TexasMost Dangerous Cities In The USMost Dangerous States In The US
      Best Places in Texas

      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$128,845$10,737$3,006$3,866
      Renters$58,890$4,908$1,374$1,767

      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.
      Indian Springs, TX7198119.1%
      Pinehurst city, TX2,1458812.1%
      Pinehurst, TX5,165955.1%
      Prairie View, TX7,0141000.3%
      Waller, TX3,4021010.8%
      Magnolia, TX2,9101032.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Holly Hills, CO2,91015554.8%
      Ashland, NE2,910964.2%
      Saint-Dominique, QC2,910n/a 
      Hortonville, WI2,909963.6%
      Seward, AK2,91112120.9%
      Magnolia, TX2,9101032.7%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026