Paris 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.
IndexParisTexasNational
Cost of living index8191100
IndexParisTexasNational
Goods & Services index9695100
Groceries index9290100
Health care index9097100
Housing index4983100
Transportation index9394100
Utilities index102102100
The above illustration supplies generalized information for the Paris, TX cost of living index. Compared to other cities in Texas and cities across the country, the cost of living index in Paris, TX is 81, which is 11% lower than the Texas average and 19% 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 Paris, TX are 1% higher than the average for Texas and 4% lower than the rest of the country.
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Did you know?

  • The cost of living in Paris is 11% lower than the Texas average.
  • The cost of living in Paris is 19% lower than the national average.
  • The cost of housing in Paris is 51% 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 Paris, TX Cost of living To Other Cities

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      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
      Use the salary calculator to compare your current salary in Paris, TX to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Paris, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Paris, TX salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$45,265$3,772$1,056$1,358
      Renters$23,449$1,954$547$704
      The affordability of the housing market in Paris, TX as well as the overall cost of living can be indicated accurately 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 ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Paris, TX homeowners, the median income is $45,265. This indicates that a monthly maximum of $1,056 should be spent by homeowners on all housing related costs. Renters have a median income of $23,449. This indicates that renters should have a maximum of $547 used for their rent related monthly costs.

      Texas Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Texas6.25%8.25%

      Texas Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Texas0%0%
      One thing to keep in mind when considering the cost of living in Paris, TX is the Texas sales tax and Texas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Texas sales tax rate is 6.25% and the maximum surtax that can be charged is 8.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Texas income tax rates range from 0% to 0%.

      Goods & Services

      ItemParisNational avg.Difference
      Haircut $15.72$17.4910.1%
      Beauty Salon $26.43$38.1730.8%
      Toothpaste $1.78$2.3223.3%
      Shampoo $0.89$1.0112.0%
      Movie $8.42$10.7221.5%
      Bowling $15.00$13.868.2%

      Groceries

      ItemParisNational avg.Difference
      Ground Beef $4.07$3.904.4%
      Fried Chicken $1.18$1.4015.5%
      Milk $1.46$1.9625.6%
      Potatoes $2.99$3.186.1%
      Pizza $9.96$10.394.2%
      Beer $9.73$9.235.4%

      Health Care

      ItemParisNational avg.Difference
      Optometrist $95.00$106.3410.7%
      Doctor $87.50$115.2524.1%
      Dentist $90.00$98.388.5%
      Ibuprofen $8.99$9.262.9%
      Lipitor $479.82$466.472.9%

      Housing

      ItemParisNational avg.Difference
      Home Price $74,200.00$184,700.0059.8%
      Avg. Mortgage Payment $1,039.83$1,273.3218.3%
      Apartment Rent $662.00$949.0030.2%

      Transportation

      ItemParisNational avg.Difference
      Gasoline $2.46$2.595.0%
      Tire Balancing $45.00$48.908.0%

      Utilities

      ItemParisNational avg.Difference
      All Electricity$176.03$167.605.0%
      Phone $179.64$163.429.9%
      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.
      Sun Valley, TX7868-32%
      Deport, TX61074-26%
      Roxton, TX59377-23%
      Toco, TX9179-21%
      Blossom, TX1,27081-19%
      Paris, TX24,93681-19%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Hazleton, PA24,95488-12%
      Terrytown, LA24,95996-4%
      Sun City West, AZ24,8991000%
      Colleyville, TX24,98213434%
      Hastings, NE24,98382-18%
      Paris, TX24,93681-19%
      Source: The Paris, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.