| Index | Paris | Texas | National |
| Cost of living | 85 | 94 | 100 |
| Groceries | 97 | 98 | 100 |
| Health care | 101 | 98 | 100 |
| Housing | 56 | 83 | 100 |
| Transportation | 97 | 98 | 100 |
| Utilities | 100 | 103 | 100 |
| Lifestyle & Entertainment | 100 | 98 | 100 |
| Household Items | 99 | 98 | 100 |
| Education & Childcare | 96 | 98 | 100 |

The cost of living in Paris affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Paris is 85, which is 15% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Housing expenses can absorb a substantial portion of your net income, sometimes exceeding 30%. Thankfully, Paris stands out by reporting housing costs that are 44.4% lower than the national average. This signifies that both homeownership and rental expenses in this region are considerably more budget-friendly compared to the rest of the country. With such favorable housing affordability, residents of Paris can allocate a more reasonable portion of their income to housing, allowing for greater financial flexibility.
Wondering if Paris is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Paris, for example, the median home price is 53.2% lower than what folks pay nationally, and monthly rent is 24% lower than the usual rates. Plus, income levels matter too, with Paris boasting a median household income of $52,422, which is 35.5% lower than the national average.
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 Paris, healthcare costs are 0.5% higher than the national average.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Paris, the groceries index is 2.9% lower than the national average.
Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday household expenses, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Paris, the standard sales tax rate starts at 6.25%, and the income tax rates commence at 0%.
The cost of living data for Paris shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between 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 | $67,031 | $5,586 | $1,564 | $2,011 |
| Renters | $41,956 | $3,496 | $979 | $1,259 |
| 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. |
| Toco, TX | 89 | 79 | 21.1% |
| Deport, TX | 835 | 80 | 20.4% |
| Sun Valley, TX | 56 | 79 | 20.8% |
| Powderly, TX | 986 | 83 | 17.1% |
| Roxton, TX | 653 | 83 | 16.9% |
| Paris, TX | 25,634 | 85 | 14.5% |
| City | Population | Cost of Living Index | National Avg. |
| North Laurel, MD | 25,634 | 136 | 35.6% |
| Mill Creek East, WA | 25,623 | 165 | 65.4% |
| South Bradenton, FL | 25,620 | 92 | 8.5% |
| Burlington, IA | 25,653 | 88 | 11.8% |
| Ardmore, OK | 25,666 | 90 | 9.7% |
| Paris, TX | 25,634 | 85 | 14.5% |