Cost Of Living in Mineola, 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	Mineola	Texas	National
Cost of living	88	92	100
Goods & Services	96	96	100
Groceries	97	96	100
Health care	99	94	100
Housing	64	83	100
Transportation	102	92	100
Utilities	107	104	100

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Cost Of Living Quick Facts

The cost of living in Mineola is 5% lower than the Texas average
The cost of living in Mineola is 12% lower than the national average
Mineola housing is 36% 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	$51,484	$4,290	$1,201	$1,545
Renters	$29,005	$2,417	$677	$870

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Mineola, TX, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Mineola, homeowners have a median income of $51,484. Using that number, a maximum of $1,201 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $29,005, which means there is a maximum of $677 to be spent on the costs of renting a home or apartment.

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	Mineola	National avg.	Difference
Haircut	$26.75	$24.26	10.3%
Beauty Salon	$54.44	$45.56	19.5%
Toothpaste	$3.73	$3.70	0.7%
Shampoo	$1.22	$1.28	4.7%
Movie	$9.77	$12.13	19.5%
Bowling	$9.72	$18.00	46.0%

Groceries

Item	Mineola	National avg.	Difference
Ground Beef	$5.50	$5.84	5.8%
Fried Chicken	$1.58	$1.57	0.5%
Milk	$4.54	$4.67	2.8%
Potatoes	$5.05	$4.93	2.3%
Pizza	$11.49	$12.09	4.9%
Beer	$10.44	$10.41	0.2%

Health Care

Item	Mineola	National avg.	Difference
Optometrist	$126.64	$125.68	0.8%
Doctor	$111.98	$135.78	17.5%
Dentist	$120.97	$113.29	6.8%
Ibuprofen	$10.42	$10.65	2.2%
Lipitor	$526.57	$468.60	12.4%

Housing

Item	Mineola	National avg.	Difference
Home Price	$96,500.00	$184,700.00	47.8%
Avg. Mortgage Payment	$2,017.54	$2,346.69	14.0%
Apartment Rent	$867.00	$949.00	8.6%

Transportation

Item	Mineola	National avg.	Difference
Gasoline	$3.08	$3.46	10.9%
Tire Balancing	$79.11	$59.92	32.0%

Utilities

Item	Mineola	National avg.	Difference
All Electricity	$209.92	$193.99	8.2%
Phone	$199.93	$192.25	4.0%

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.
Grand Saline, TX	3,148	84	16.1%
Alba, TX	590	84	15.9%
Quitman, TX	2,310	90	10.1%
Van, TX	2,706	92	8.2%
Lindale, TX	6,212	99	1.1%
Mineola, TX	4,764	88	11.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pinardville, NH	4,764	115	15.4%
West Pittston, PA	4,764	91	8.8%
Winchester, IN	4,763	85	15.4%
Chertsey, QC	4,765	n/a
Springdale, MD	4,762	135	34.6%
Mineola, TX	4,764	88	11.8%

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 Mineola, TX