Cost Of Living in Penelope, TX

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A+

1%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

100%

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	Penelope	Texas	National
Cost of living	99	94	100
Groceries	99	98	100
Health care	99	98	100
Housing	n/a	83	100
Transportation	96	98	100
Utilities	107	103	100
Lifestyle & Entertainment	94	98	100
Household Items	99	98	100
Education & Childcare	103	98	100

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Homes For Sale In Penelope, TX

277 Hcr 3221

Penelope, TX

11 Acres | TBD County Road 3150

Hubbard, TX

TBD County Road 3204

Abbott, TX

5243 FM 2114

Abbott, TX

Cost Of Living Quick Facts

The cost of living in Penelope is 5% higher than the Texas average
The cost of living in Penelope is 1% lower than the national average
Penelope housing is 4% 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

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Price difference in compared to

Cost of living index
Groceries index
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	$61,868	$5,156	$1,443	$1,856
Renters	$0	$0	$0	$0

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.
Bynum, TX	333	79	20.8%
Mertens, TX	126	81	18.7%
Dawson, TX	976	84	16.1%
Hubbard, TX	1,597	85	15.1%
Mount Calm, TX	345	85	14.7%
Penelope, TX	127	99	0.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Blue Mountain, AR	127	87	13.1%
Whispering Pines, AZ	127	125	25.2%
Nicasio, CA	127	413	313.1%
Princeton, ID	127	109	9.5%
Raritan, IL	127	78	22.5%
Penelope, TX	127	99	0.7%