Ransom Canyon 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.
IndexRansom CanyonTexasNational
Cost of living index9991100
IndexRansom CanyonTexasNational
Goods & Services index9493100
Groceries index9591100
Health care index9996100
Housing index10883100
Transportation index9294100
Utilities index101100100
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Did you know?

  • The cost of living in Ransom Canyon is 9% higher than the Texas average.
  • The cost of living in Ransom Canyon is 1% lower than the national average.
  • The cost of housing in Ransom Canyon is 8% higher 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.

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Compare Ransom Canyon, TX Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$103,676$8,640$2,419$3,111
Renters$37,917$3,160$885$1,138

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%

Goods & Services

ItemRansom CanyonNational avg.Difference
Haircut $13.78$16.0914.3%
Beauty Salon $43.13$37.3315.5%
Toothpaste $2.09$2.4514.7%
Shampoo $0.91$1.009.4%
Movie $9.13$10.2811.2%
Bowling $5.89$4.9319.4%

Groceries

ItemRansom CanyonNational avg.Difference
Ground Beef $3.69$3.803.0%
Fried Chicken $1.13$1.4018.9%
Milk $1.99$2.011.0%
Potatoes $2.82$3.016.3%
Pizza $8.00$9.8919.1%
Beer $9.33$8.904.9%

Health Care

ItemRansom CanyonNational avg.Difference
Optometrist $104.80$102.162.6%
Doctor $111.04$108.362.5%
Dentist $88.09$92.534.8%
Ibuprofen $8.98$9.283.2%
Lipitor $427.17$425.820.3%

Housing

ItemRansom CanyonNational avg.Difference
Home Price $213,100.00$184,700.0015.4%
Avg. Mortgage Payment $1,006.19$1,202.4416.3%
Apartment Rent $867.00$949.008.6%

Transportation

ItemRansom CanyonNational avg.Difference
Gasoline $2.04$2.249.3%
Tire Balancing $44.26$46.294.4%

Utilities

ItemRansom CanyonNational avg.Difference
All Electricity$142.95$165.9613.9%
Phone $34.01$28.6818.6%
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.
Wilson, TX52278-22%
Lorenzo, TX1,25579-21%
Slaton, TX6,06879-21%
New Home, TX54280-20%
New Deal, TX79382-18%
Ransom Canyon, TX1,32599-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Alton, IA1,32587-13%
Shoemakersville, PA1,32593-7%
Vardaman, MS1,32571-29%
Griggsville, IL1,32584-16%
Fort Benton, MT1,32588-12%
Ransom Canyon, TX1,32599-1%
Source: The Ransom Canyon, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.