A+
14%
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 Del Rio Texas National
Cost of living8692100
Goods & Services9996100
Groceries9596100
Health care10594100
Housing6283100
Transportation9392100
Utilities85104100

An Overview of Cost of Living in Del Rio, TX

Getting a feel for the cost of living in Del Rio 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 Del Rio is 86, which is 14% 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 Del Rio Affordable?

Is Del Rio an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Del Rio, the median home price is 44.3% lower than what most folks pay across the country, and monthly rent prices are 22.8% lower than the usual rates. Income levels in Del Rio come in at $45,561, which is 17.6% lower than the national average.

What Factors can Influence the Cost of Living in Del Rio?

Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Del Rio, the transportation index is 7.3% lower than the national average.

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Del Rio, the general sales tax rate starts at 6.25%, and income tax rates begin at 0%.

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Del Rio, the groceries index is 5.5% lower than the national average.

Where is the Data From?

The cost of living in Del Rio, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Del Rio is 7% lower than the Texas average
  • The cost of living in Del Rio is 14% lower than the national average
  • Del Rio 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 Del Rio

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Compare Del Rio, 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$61,283$5,107$1,430$1,839
      Renters$28,847$2,404$673$865
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Del Rio, 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 Del Rio homeowners, is $61,283. This would allow for a maximum of $1,430 per month to be spent on housing costs. For renters, the median monthly income is $28,847 which would result in a maximum of $673 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 Del Rio National avg. Difference
      Haircut $20.78$24.2614.4%
      Beauty Salon $43.67$45.564.2%
      Toothpaste $3.60$3.702.7%
      Shampoo $1.06$1.2817.2%
      Movie $9.50$12.1321.7%
      Bowling $13.70$18.0023.9%

      Groceries

      Item Del Rio National avg. Difference
      Ground Beef $4.93$5.8415.6%
      Fried Chicken $1.57$1.570.1%
      Milk $4.57$4.672.2%
      Potatoes $4.55$4.937.7%
      Pizza $11.32$12.096.3%
      Beer $10.50$10.410.8%

      Health Care

      Item Del Rio National avg. Difference
      Optometrist $132.00$125.685.0%
      Doctor $171.14$135.7826.0%
      Dentist $108.33$113.294.4%
      Ibuprofen $10.16$10.654.7%
      Lipitor $481.60$468.602.8%

      Housing

      Item Del Rio National avg. Difference
      Home Price $102,900.00$184,700.0044.3%
      Avg. Mortgage Payment $1,951.07$2,346.6916.9%
      Apartment Rent $733.00$949.0022.8%

      Transportation

      Item Del Rio National avg. Difference
      Gasoline $3.03$3.4612.4%
      Tire Balancing $57.20$59.924.5%

      Utilities

      Item Del Rio National avg. Difference
      All Electricity $217.71$193.9912.2%
      Phone $201.97$192.255.1%
      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.
      Lake View, TX67964.3%
      Val Verde Park, TX3,7928416.5%
      Cienegas Terrace, TX2,5988416.1%
      Laughlin AFB, TX1,9751054.7%
      Del Rio, TX35,8288614.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Mount Juliet, TN35,83411514.8%
      Peachtree City, GA35,84412322.9%
      Watertown Town, MA35,74916969.4%
      Richmond, KY35,744936.7%
      Cooper City, FL35,71513938.8%
      Del Rio, TX35,8288614.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.