A+
4%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
24%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 Manor Texas National
Cost of living10492100
Goods & Services9696100
Groceries9896100
Health care9894100
Housing12483100
Transportation8992100
Utilities95104100

An Overview of Cost of Living in Manor, TX

Knowing the cost of living in Manor allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Manor stands at 104, marking it 4% higher than the national average.

The cost of living in Manor is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Housing costs are a very significant part of the Manor cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 24.5% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

Is Manor Affordable?

Is Manor affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Manor, the median home price is 12.5% higher than the national average and monthly rent prices are 52.4% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Manor boasting a median household income of $87,500, 58.2% higher than the national average.

What Factors can Influence the Cost of Living in Manor?

Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Manor, the transportation index is 11.3% lower than the national average.

Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Manor, the housing index comes in at 24.5% higher than the national average.

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Manor, the groceries index is 2.4% lower than the national average.

Where is the Data From?

The cost of living data in Manor displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Manor is 12% higher than the Texas average
  • The cost of living in Manor is 4% higher than the national average
  • Manor housing is 24% 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 Manor

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Compare Manor, 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
      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$92,109$7,676$2,149$2,764
      Renters$60,089$5,007$1,402$1,803
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Manor, TX, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Manor, homeowners have a median income of $92,109. Using that number, a maximum of $2,149 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $60,089, which means there is a maximum of $1,402 to be spent on the costs of renting a home or apartment.

      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 Manor National avg. Difference
      Haircut $30.11$24.2624.1%
      Beauty Salon $53.43$45.5617.3%
      Toothpaste $3.66$3.701.1%
      Shampoo $1.23$1.283.9%
      Movie $12.82$12.135.7%
      Bowling $18.22$18.001.2%

      Groceries

      Item Manor National avg. Difference
      Ground Beef $5.49$5.846.0%
      Fried Chicken $1.67$1.576.2%
      Milk $4.64$4.670.7%
      Potatoes $4.87$4.931.2%
      Pizza $9.57$12.0920.8%
      Beer $10.18$10.412.3%

      Health Care

      Item Manor National avg. Difference
      Optometrist $117.38$125.686.6%
      Doctor $108.42$135.7820.1%
      Dentist $124.98$113.2910.3%
      Ibuprofen $10.52$10.651.2%
      Lipitor $504.11$468.607.6%

      Housing

      Item Manor National avg. Difference
      Home Price $207,800.00$184,700.0012.5%
      Avg. Mortgage Payment $2,434.44$2,346.693.7%
      Apartment Rent $1,446.00$949.0052.4%

      Transportation

      Item Manor National avg. Difference
      Gasoline $3.06$3.4611.7%
      Tire Balancing $53.75$59.9210.3%

      Utilities

      Item Manor National avg. Difference
      All Electricity $172.60$193.9911.0%
      Phone $200.15$192.254.1%
      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.
      Camp Swift, TX6,5298613.8%
      Coupland, TX377964.4%
      Elgin, TX10,231964.3%
      Garfield, TX2,506963.5%
      Webberville, TX3951000.4%
      Manor, TX11,6431044.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Maryville, MO11,6418911.2%
      Mango, FL11,638936.9%
      Lethbridge County, AB11,635n/a 
      Four Corners, TX11,6341077.5%
      Largo, MD11,63312625.9%
      Manor, TX11,6431044.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.