| Index | Raymondville | Texas | National |
| Cost of living | 81 | 94 | 100 |
| Groceries | 96 | 98 | 100 |
| Health care | 100 | 98 | 100 |
| Housing | 44 | 83 | 100 |
| Transportation | 94 | 98 | 100 |
| Utilities | 100 | 103 | 100 |
| Lifestyle & Entertainment | 101 | 98 | 100 |
| Household Items | 100 | 98 | 100 |
| Education & Childcare | 93 | 98 | 100 |
Getting a feel for the cost of living in Raymondville is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Raymondville is 81, which is 19% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
Housing expenses can absorb a substantial portion of your net income, sometimes exceeding 30%. Thankfully, Raymondville stands out by reporting housing costs that are 56% 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 Raymondville can allocate a more reasonable portion of their income to housing, allowing for greater financial flexibility.
Is Raymondville affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Raymondville, the median home price is 69.9% lower than the national average and monthly rent prices are 23.6% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Raymondville boasting a median household income of $55,702, 31.5% lower than the national average.
Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Raymondville comes in at 0.1% lower than the national average.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Raymondville, is 56% lower than the national average.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Raymondville, the transportation index is 5.9% lower than the national average.
The cost of living estimates displayed for Raymondville are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Groceries index | |
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $67,984 | $5,665 | $1,586 | $2,040 |
| Renters | $42,815 | $3,568 | $999 | $1,285 |
| 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. |
| Los Angeles, TX | 265 | 97 | 2.5% |
| Tierra Bonita, TX | 67 | 97 | 2.5% |
| Santa Monica, TX | 11 | 97 | 2.5% |
| Ranchette Estates, TX | 245 | 97 | 2.5% |
| Yznaga, TX | 58 | 97 | 2.5% |
| Raymondville, TX | 11,203 | 81 | 18.6% |
| City | Population | Cost of Living Index | National Avg. |
| Malvern, AR | 11,203 | 83 | 16.9% |
| Sussex, WI | 11,204 | 112 | 11.5% |
| Burlington, WI | 11,199 | 101 | 1.3% |
| Oneida, NY | 11,198 | 97 | 3.1% |
| Damascus, OR | 11,210 | 144 | 43.8% |
| Raymondville, TX | 11,203 | 81 | 18.6% |
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