| Index | Marshall | Texas | National |
| Cost of living | 89 | 94 | 100 |
| Groceries | 97 | 98 | 100 |
| Health care | 101 | 98 | 100 |
| Housing | 64 | 83 | 100 |
| Transportation | 101 | 98 | 100 |
| Utilities | 104 | 103 | 100 |
| Lifestyle & Entertainment | 95 | 98 | 100 |
| Household Items | 97 | 98 | 100 |
| Education & Childcare | 103 | 98 | 100 |
Knowing the cost of living in Marshall 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 Marshall stands at 89, marking it 11% lower than the national average.
Locals have the inside scoop on their city. So, we polled 5 residents in Marshall to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 40% find it reasonable with decreasing prices, but 60% think it's quite pricey, with prices that continue to rise.
Is Marshall an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Marshall is 43.5% lower than the national average, while the average monthly rent prices are 17.5% lower than average. The affordability of any location can also be influenced by median income levels. Marshall has a median household income of $64,301, which is 20.9% lower than the national average.
Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Marshall, the groceries index is 2.7% lower than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Marshall, the utilities index stands at 3.8% higher than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
The Marshall cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $84,907 | $7,076 | $1,981 | $2,547 |
| Renters | $36,706 | $3,059 | $856 | $1,101 |
| State | General Sales Tax | With Max Surtax |
| Texas | 6.25% | 8.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Texas | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Nesbitt, TX | 112 | 100 | 0.4% |
| Easton, TX | 438 | 85 | 15.1% |
| Scottsville, TX | 342 | 98 | 2.0% |
| Hallsville, TX | 4,442 | 99 | 1.0% |
| Uncertain, TX | 74 | 102 | 1.9% |
| Marshall, TX | 23,589 | 89 | 11.0% |
| City | Population | Cost of Living Index | National Avg. |
| East San Gabriel, CA | 23,601 | 185 | 84.8% |
| Eastmont, WA | 23,603 | 148 | 48.2% |
| Strathroy-Caradoc, ON | 23,574 | n/a | |
| Farragut, TN | 23,607 | 123 | 23.3% |
| Kenmore, WA | 23,567 | 162 | 62.0% |
| Marshall, TX | 23,589 | 89 | 11.0% |
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