Cost Of Living in Nassau Bay, TX

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A-

11%

Overall NAT. AVG.

1%

Goods & Services NAT. AVG.

38%

Housing NAT. AVG.

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	Nassau Bay	Texas	National
Cost of living	111	92	100
Goods & Services	101	96	100
Groceries	100	96	100
Health care	94	94	100
Housing	138	83	100
Transportation	90	92	100
Utilities	103	104	100

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Cost Of Living Quick Facts

The cost of living in Nassau Bay is 20% higher than the Texas average
The cost of living in Nassau Bay is 11% higher than the national average
Nassau Bay housing is 38% 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

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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	$106,875	$8,906	$2,494	$3,207
Renters	$48,001	$4,000	$1,120	$1,440

The affordability of the housing market in Nassau Bay, TX as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Nassau Bay homeowners, the median income is $106,875. This indicates that a monthly maximum of $2,494 should be spent by homeowners on all housing related costs. Renters have a median income of $48,001. This indicates that renters would have a maximum of $1,120 for their rent related monthly costs.

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	Nassau Bay	National avg.	Difference
Haircut	$20.33	$24.26	16.2%
Beauty Salon	$47.38	$45.56	4.0%
Toothpaste	$3.48	$3.70	6.1%
Shampoo	$1.22	$1.28	5.0%
Movie	$12.19	$12.13	0.4%
Bowling	$15.83	$18.00	12.0%

Groceries

Item	Nassau Bay	National avg.	Difference
Ground Beef	$5.25	$5.84	10.1%
Fried Chicken	$1.61	$1.57	2.4%
Milk	$4.55	$4.67	2.5%
Potatoes	$5.00	$4.93	1.4%
Pizza	$11.82	$12.09	2.2%
Beer	$10.38	$10.41	0.3%

Health Care

Item	Nassau Bay	National avg.	Difference
Optometrist	$125.98	$125.68	0.2%
Doctor	$90.89	$135.78	33.1%
Dentist	$108.10	$113.29	4.6%
Ibuprofen	$10.46	$10.65	1.8%
Lipitor	$503.40	$468.60	7.4%

Housing

Item	Nassau Bay	National avg.	Difference
Home Price	$271,500.00	$184,700.00	47.0%
Avg. Mortgage Payment	$2,055.86	$2,346.69	12.4%
Apartment Rent	$1,123.00	$949.00	18.3%

Transportation

Item	Nassau Bay	National avg.	Difference
Gasoline	$3.14	$3.46	9.1%
Tire Balancing	$56.62	$59.92	5.5%

Utilities

Item	Nassau Bay	National avg.	Difference
All Electricity	$233.43	$193.99	20.3%
Phone	$208.71	$192.25	8.6%

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.
Galena Park, TX	10,848	88	11.7%
South Houston, TX	17,522	91	9.1%
La Marque, TX	16,983	91	8.9%
Hitchcock, TX	7,831	91	8.7%
Baytown, TX	76,089	93	7.2%
Nassau Bay, TX	4,009	111	10.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Esparto, CA	4,009	129	28.8%
Greencastle, PA	4,008	103	2.9%
Shackle Island, TN	4,010	117	16.8%
Ovilla, TX	4,010	119	18.8%
Kildeer, IL	4,007	176	75.9%
Nassau Bay, TX	4,009	111	10.8%