A+
16%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
44%
Housing NAT. AVG.
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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 Pearsall Texas National
Cost of living8492100
Goods & Services9996100
Groceries9596100
Health care10594100
Housing5683100
Transportation9392100
Utilities85104100

An Overview of Cost of Living in Pearsall, TX

Are you thinking about relocating, but curious about the potential cost of living in Pearsall? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Pearsall stands at 84, making it 16% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

Housing costs often consume a significant share of your take-home income, often surpassing 30%. Fortunately, Pearsall distinguishes itself by reporting housing expenses that are 44.3% below the national average. This indicates that both owning a home and renting in this area are notably more budget-friendly compared to the rest of the nation. With such favorable housing affordability, residents of Pearsall can allocate more of their income to housing, enhancing their financial flexibility.

Is Pearsall Affordable?

Is Pearsall affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Pearsall, for instance, where the median home price falls 58.7% lower than the national average, and monthly rent rates are 10.4% lower than usual. Additionally, median income levels contribute to the equation, with Pearsall flaunting a median household income of $46,679, 15.6% lower than the national norm.

What Factors can Influence the Cost of Living in Pearsall?

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Pearsall, the housing index is 44.3% lower than the national average.

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Pearsall, the transportation index is 7.3% lower than the national average.

Where is the Data From?

The Pearsall cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Pearsall is 9% lower than the Texas average
  • The cost of living in Pearsall is 16% lower than the national average
  • Pearsall 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 Pearsall

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Compare Pearsall, TX Cost of Living

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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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$56,538$4,712$1,319$1,696
      Renters$0$0$0$0
      The affordability of the housing market in Pearsall, 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 Pearsall homeowners, the median income is $56,538. This indicates that a monthly maximum of $1,319 should be spent by homeowners on all housing related costs. Renters have a median income of $0. This indicates that renters would have a maximum of $0 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 Pearsall National avg. Difference
      Haircut $20.78$24.2614.4%
      Beauty Salon $43.67$45.564.2%
      Toothpaste $3.60$3.702.7%
      Shampoo $1.06$1.2817.2%
      Movie $9.50$12.1321.7%
      Bowling $13.70$18.0023.9%

      Groceries

      Item Pearsall National avg. Difference
      Ground Beef $4.93$5.8415.6%
      Fried Chicken $1.57$1.570.1%
      Milk $4.57$4.672.2%
      Potatoes $4.55$4.937.7%
      Pizza $11.32$12.096.3%
      Beer $10.50$10.410.8%

      Health Care

      Item Pearsall National avg. Difference
      Optometrist $132.00$125.685.0%
      Doctor $171.14$135.7826.0%
      Dentist $108.33$113.294.4%
      Ibuprofen $10.16$10.654.7%
      Lipitor $481.60$468.602.8%

      Housing

      Item Pearsall National avg. Difference
      Home Price $76,200.00$184,700.0058.7%
      Avg. Mortgage Payment $1,951.07$2,346.6916.9%
      Apartment Rent $850.00$949.0010.4%

      Transportation

      Item Pearsall National avg. Difference
      Gasoline $3.03$3.4612.4%
      Tire Balancing $57.20$59.924.5%

      Utilities

      Item Pearsall National avg. Difference
      All Electricity $217.71$193.9912.2%
      Phone $201.97$192.255.1%
      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.
      North Pearsall, TX480964.3%
      Hilltop, TX196964.3%
      Moore, TX279964.3%
      Bigfoot, TX685964.3%
      Hilltop CDP (Starr County), TX526931.4%
      Pearsall, TX11,2438416.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hudson, FL11,243945.6%
      Camp Verde, AZ11,2411044.4%
      Burkburnett, TX11,2418415.9%
      Selma, TX11,2411044.4%
      Travilah, MD11,239226125.6%
      Pearsall, TX11,2438416.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.