Texas is a state where the cost of living is almost 9 points below the national average, making it a great state to move to if you're on a budget. Where Texas excels is its housing costs, which are nearly 17 points below the national average. Also, Texas has a median home cost of over $100K below the national average. You will have to pay more for utilities, which are over 3 points above the norm, but otherwise, Texas is an affordable state to move to for a retiree. There's a reason why many are moving here, from its low taxes to its high boots. Visit there and see how it fares you.
COST OF LIVING | Texas | United States |
---|---|---|
Overall | 91.5 | 100 |
Grocery | 91.2 | 100 |
Housing | 83.5 | 100 |
Median Home Cost | $172,500 | $291,700 |
Utilities | 103.3 | 100 |
Transportation | 90.9 | 100 |
Miscellaneous | 97 | 100 |
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