Murillo cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMurilloTexasNational
Cost of living index7691100
IndexMurilloTexasNational
Goods & Services index7795100
Groceries index8590100
Health care index7097100
Housing index5783100
Transportation index9094100
Utilities index101102100
The above illustration supplies generalized information for the Murillo, TX cost of living index. Compared to other cities in Texas and cities across the country, the cost of living index in Murillo, TX is 76, which is 17% lower than the Texas average and 24% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Murillo, TX are 19% lower than the average for Texas and 23% lower than the rest of the country.
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Did you know?

  • The cost of living in Murillo is 17% lower than the Texas average.
  • The cost of living in Murillo is 24% lower than the national average.
  • The cost of housing in Murillo is 43% 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.

Compare Murillo, TX Cost of living To Other Cities

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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
      The salary calculator is meant to help you compare your salary in Murillo, TX to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Murillo, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Murillo, TX salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$46,099$3,842$1,076$1,383
      Renters$12,179$1,015$284$365
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Murillo, TX, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Murillo, TX, the median monthly income is $46,099 for those who own their own homes. Under the standard rule, that income level would allow for $1,076 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $12,179, per the median income in the area. That would allow for renters to spend up to $284 on monthly rental expenses.

      Texas Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Texas6.25%8.25%

      Texas Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Texas0%0%
      The Texas sales tax and Texas income tax rates should definitely be considered when determining the overall cost of living in Murillo, TX. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Texas sales tax is 6.25% and the maximum surtax is 8.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Texas income tax rates range from 0% to 0%.

      Goods & Services

      ItemMurilloNational avg.Difference
      Haircut $7.33$17.4958.1%
      Beauty Salon $29.33$38.1723.2%
      Toothpaste $1.96$2.3215.6%
      Shampoo $0.78$1.0122.9%
      Movie $10.25$10.724.4%
      Bowling $15.00$13.868.2%

      Groceries

      ItemMurilloNational avg.Difference
      Ground Beef $3.24$3.9016.9%
      Fried Chicken $0.95$1.4031.9%
      Milk $1.53$1.9622.0%
      Potatoes $1.98$3.1837.8%
      Pizza $9.99$10.393.9%
      Beer $8.98$9.232.7%

      Health Care

      ItemMurilloNational avg.Difference
      Optometrist $72.50$106.3431.8%
      Doctor $56.00$115.2551.4%
      Dentist $62.00$98.3837.0%
      Ibuprofen $7.97$9.2613.9%
      Lipitor $490.50$466.475.2%

      Housing

      ItemMurilloNational avg.Difference
      Home Price $107,000.00$184,700.0042.1%
      Avg. Mortgage Payment $778.33$1,273.3238.9%
      Apartment Rent $535.00$949.0043.6%

      Transportation

      ItemMurilloNational avg.Difference
      Gasoline $2.35$2.599.4%
      Tire Balancing $45.00$48.908.0%

      Utilities

      ItemMurilloNational avg.Difference
      All Electricity$170.77$167.601.9%
      Phone $182.64$163.4211.8%
      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, StatePopulationCost of Living IndexNational Avg.
      Evergreen, TX5583-17%
      Tierra Dorada, TX783-17%
      La Chuparosa, TX3383-17%
      Relampago, TX4483-17%
      E. Lopez, TX14583-17%
      Murillo, TX6,71476-24%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Roosevelt, UT6,71496-4%
      Lackland AFB, TX6,71111616%
      Sturgis, SD6,71191-9%
      Belmont, VA6,71018888%
      St. Augustine Beach, FL6,71011616%
      Murillo, TX6,71476-24%
      Source: The Murillo, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.