A+
15%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
44%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Paris Texas National
Cost of living8594100
Groceries9798100
Health care10198100
Housing5683100
Transportation9798100
Utilities100103100
Lifestyle & Entertainment10098100
Household Items9998100
Education & Childcare9698100
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An Overview of Cost of Living in Paris, TX

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.

Is Paris Affordable?

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.

What Factors can Influence the Cost of Living in Paris?

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%.

Where is the Data From?

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 Quick Facts

  • The cost of living in Paris is 9% lower than the Texas average
  • The cost of living in Paris is 15% lower than the national average
  • Paris housing is 44% lower 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

Most Affordable Places to Live in and Around Paris

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Compare Paris, TX Cost of Living

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      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      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
      The affordability of the housing market in Paris, 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 Paris homeowners, the median income is $67,031. This indicates that a monthly maximum of $1,564 should be spent by homeowners on all housing related costs. Renters have a median income of $41,956. This indicates that renters would have a maximum of $979 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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Toco, TX897921.1%
      Deport, TX8358020.4%
      Sun Valley, TX567920.8%
      Powderly, TX9868317.1%
      Roxton, TX6538316.9%
      Paris, TX25,6348514.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      North Laurel, MD25,63413635.6%
      Mill Creek East, WA25,62316565.4%
      South Bradenton, FL25,620928.5%
      Burlington, IA25,6538811.8%
      Ardmore, OK25,666909.7%
      Paris, TX25,6348514.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.