A+
12%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
38%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Freeport Texas National
Cost of living8892100
Goods & Services10196100
Groceries10096100
Health care9494100
Housing6283100
Transportation9092100
Utilities103104100

An Overview of Cost of Living in Freeport, TX

Getting a feel for the cost of living in Freeport 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 Freeport is 88, which is 12% 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.

Is Freeport Affordable?

Wondering if Freeport is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Freeport, for example, the median home price is 53.9% lower than what folks pay nationally, and monthly rent is 2.1% lower than the usual rates. Plus, income levels matter too, with Freeport boasting a median household income of $44,680, which is 19.2% lower than the national average.

What Factors can Influence the Cost of Living in Freeport?

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 Freeport comes in at 2.7% higher than the national average.

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Freeport, healthcare costs are 6.1% lower than the national average.

Where is the Data From?

The Freeport cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Freeport is 5% lower than the Texas average
  • The cost of living in Freeport is 12% lower than the national average
  • Freeport housing is 38% 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

Most Affordable Places to Live in and Around Freeport

See all the best places to live around Freeport

Compare Freeport, TX Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$51,375$4,281$1,199$1,541
      Renters$35,050$2,921$818$1,052
      The affordability of the housing market in Freeport, TX as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Freeport homeowners, the median income is $51,375. This indicates that a monthly maximum of $1,199 should be spent by homeowners on all housing related costs. Renters have a median income of $35,050. This indicates that renters would have a maximum of $818 for their rent related monthly 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 Freeport National avg. Difference
      Haircut $20.33$24.2616.2%
      Beauty Salon $47.38$45.564.0%
      Toothpaste $3.48$3.706.1%
      Shampoo $1.22$1.285.0%
      Movie $12.19$12.130.4%
      Bowling $15.83$18.0012.0%

      Groceries

      Item Freeport National avg. Difference
      Ground Beef $5.25$5.8410.1%
      Fried Chicken $1.61$1.572.4%
      Milk $4.55$4.672.5%
      Potatoes $5.00$4.931.4%
      Pizza $11.82$12.092.2%
      Beer $10.38$10.410.3%

      Health Care

      Item Freeport National avg. Difference
      Optometrist $125.98$125.680.2%
      Doctor $90.89$135.7833.1%
      Dentist $108.10$113.294.6%
      Ibuprofen $10.46$10.651.8%
      Lipitor $503.40$468.607.4%

      Housing

      Item Freeport National avg. Difference
      Home Price $85,100.00$184,700.0053.9%
      Avg. Mortgage Payment $2,055.86$2,346.6912.4%
      Apartment Rent $929.00$949.002.1%

      Transportation

      Item Freeport National avg. Difference
      Gasoline $3.14$3.469.1%
      Tire Balancing $56.62$59.925.5%

      Utilities

      Item Freeport National avg. Difference
      All Electricity $233.43$193.9920.3%
      Phone $208.71$192.258.6%
      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.
      Brazoria, TX3,0779010.2%
      Jones Creek, TX1,986927.6%
      Clute, TX11,655945.6%
      Oyster Creek, TX1,328964.0%
      Richwood, TX3,949991.4%
      Freeport, TX12,1848812.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Escanaba, MI12,1808217.5%
      Braselton, GA12,17811414.3%
      Parker, SC12,1758614.2%
      Amherst, OH12,193946.4%
      Mendota, CA12,1731044.5%
      Freeport, TX12,1848812.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.