Cost Of Living in Elsa, TX

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	Elsa	Texas	National
Cost of living	75	92	100
Goods & Services	88	96	100
Groceries	91	96	100
Health care	76	94	100
Housing	39	83	100
Transportation	91	92	100
Utilities	106	104	100

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Cost Of Living Quick Facts

The cost of living in Elsa is 19% lower than the Texas average
The cost of living in Elsa is 25% lower than the national average
Elsa housing is 61% 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
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	$49,200	$4,100	$1,148	$1,476
Renters	$21,715	$1,810	$507	$652

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Elsa, TX, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Elsa homeowners, is $49,200. This would allow for a maximum of $1,148 per month to be spent on housing costs. For renters, the median monthly income is $21,715 which would result in a maximum of $507 to be spent on rental 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	Elsa	National avg.	Difference
Haircut	$17.78	$24.26	26.7%
Beauty Salon	$30.94	$45.56	32.1%
Toothpaste	$3.40	$3.70	8.2%
Shampoo	$1.05	$1.28	18.0%
Movie	$11.98	$12.13	1.3%
Bowling	$20.00	$18.00	11.1%

Groceries

Item	Elsa	National avg.	Difference
Ground Beef	$5.77	$5.84	1.1%
Fried Chicken	$1.41	$1.57	10.1%
Milk	$4.51	$4.67	3.5%
Potatoes	$4.84	$4.93	2.0%
Pizza	$11.29	$12.09	6.6%
Beer	$10.29	$10.41	1.2%

Health Care

Item	Elsa	National avg.	Difference
Optometrist	$115.00	$125.68	8.5%
Doctor	$119.56	$135.78	11.9%
Dentist	$113.53	$113.29	0.2%
Ibuprofen	$10.25	$10.65	3.8%
Lipitor	$465.59	$468.60	0.6%

Housing

Item	Elsa	National avg.	Difference
Home Price	$54,900.00	$184,700.00	70.3%
Avg. Mortgage Payment	$1,864.04	$2,346.69	20.6%
Apartment Rent	$580.00	$949.00	38.9%

Transportation

Item	Elsa	National avg.	Difference
Gasoline	$3.16	$3.46	8.7%
Tire Balancing	$54.06	$59.92	9.8%

Utilities

Item	Elsa	National avg.	Difference
All Electricity	$221.71	$193.99	14.3%
Phone	$208.71	$192.25	8.6%

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	Population	Cost of Living Index	National Avg.
Ratamosa, TX	99	85	15.5%
Tierra Bonita, TX	65	85	15.5%
Evergreen, TX	39	91	9.3%
La Chuparosa, TX	44	85	15.5%
Villa Verde, TX	203	91	9.3%
Elsa, TX	7,181	75	24.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Chelsea, QC	7,181	n/a
Augusta, ON	7,178	n/a
Sausalito, CA	7,177	278	178.1%
Kingsland, TX	7,177	90	9.9%
Camden, SC	7,185	97	3.4%
Elsa, TX	7,181	75	24.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Elsa, TX