| Index | Mission | Texas | National |
| Cost of living | 91 | 94 | 100 |
| Groceries | 99 | 98 | 100 |
| Health care | 99 | 98 | 100 |
| Housing | 74 | 83 | 100 |
| Transportation | 96 | 98 | 100 |
| Utilities | 102 | 103 | 100 |
| Lifestyle & Entertainment | 99 | 98 | 100 |
| Household Items | 96 | 98 | 100 |
| Education & Childcare | 96 | 98 | 100 |
Knowing the cost of living in Mission 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 Mission stands at 91, marking it 9% lower than the national average.
In Mission, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Mission will resemble that of an average city, contributing to a manageable cost of living.
Is Mission affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Mission, for instance, where the median home price falls 31.3% lower than the national average, and monthly rent rates are 12% lower than usual. Additionally, median income levels contribute to the equation, with Mission flaunting a median household income of $73,811, 9.2% lower than the national norm.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Mission, healthcare costs are 0.9% lower than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Mission, the housing index is 25.6% lower than the national average.
Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.
The cost of living estimates displayed for Mission are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| 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 | $85,588 | $7,132 | $1,997 | $2,568 |
| Renters | $50,171 | $4,181 | $1,171 | $1,505 |
| 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. |
| Tierra Dorada, TX | 0 | 98 | 1.9% |
| Campo Verde, TX | 173 | 98 | 1.6% |
| Havana, TX | 526 | 98 | 1.9% |
| E. Lopez, TX | 230 | 98 | 1.9% |
| Palo Blanco, TX | 62 | 98 | 1.9% |
| Mission, TX | 86,021 | 91 | 9.0% |
| City | Population | Cost of Living Index | National Avg. |
| New Braunfels, TX | 86,374 | 108 | 7.6% |
| Merced, CA | 86,383 | 121 | 21.5% |
| Trenton, NJ | 86,528 | 99 | 1.0% |
| Goodyear, AZ | 85,486 | 121 | 21.2% |
| Whittier, CA | 86,613 | 165 | 65.0% |
| Mission, TX | 86,021 | 91 | 9.0% |
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