Cost Of Living in Hitchcock, 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	Hitchcock	Texas	National
Cost of living	91	92	100
Goods & Services	101	96	100
Groceries	100	96	100
Health care	94	94	100
Housing	74	83	100
Transportation	90	92	100
Utilities	103	104	100

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Cost Of Living Quick Facts

The cost of living in Hitchcock is 1% lower than the Texas average
The cost of living in Hitchcock is 9% lower than the national average
Hitchcock housing is 26% 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	$77,039	$6,420	$1,797	$2,311
Renters	$31,013	$2,584	$724	$930

A good indicator of the general affordability of housing in Hitchcock, TX, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Hitchcock, the median monthly income is $77,039 for those who own their own homes. Under the standard rule, that income level would allow for $1,797 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $31,013, per the median income in the area. That would allow for renters to spend up to $724 on monthly rental expenses.

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	Hitchcock	National avg.	Difference
Haircut	$20.33	$24.26	16.2%
Beauty Salon	$47.38	$45.56	4.0%
Toothpaste	$3.48	$3.70	6.1%
Shampoo	$1.22	$1.28	5.0%
Movie	$12.19	$12.13	0.4%
Bowling	$15.83	$18.00	12.0%

Groceries

Item	Hitchcock	National avg.	Difference
Ground Beef	$5.25	$5.84	10.1%
Fried Chicken	$1.61	$1.57	2.4%
Milk	$4.55	$4.67	2.5%
Potatoes	$5.00	$4.93	1.4%
Pizza	$11.82	$12.09	2.2%
Beer	$10.38	$10.41	0.3%

Health Care

Item	Hitchcock	National avg.	Difference
Optometrist	$125.98	$125.68	0.2%
Doctor	$90.89	$135.78	33.1%
Dentist	$108.10	$113.29	4.6%
Ibuprofen	$10.46	$10.65	1.8%
Lipitor	$503.40	$468.60	7.4%

Housing

Item	Hitchcock	National avg.	Difference
Home Price	$117,700.00	$184,700.00	36.3%
Avg. Mortgage Payment	$2,055.86	$2,346.69	12.4%
Apartment Rent	$914.00	$949.00	3.7%

Transportation

Item	Hitchcock	National avg.	Difference
Gasoline	$3.14	$3.46	9.1%
Tire Balancing	$56.62	$59.92	5.5%

Utilities

Item	Hitchcock	National avg.	Difference
All Electricity	$233.43	$193.99	20.3%
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.
La Marque, TX	16,983	91	8.9%
Texas City, TX	49,468	94	6.3%
Bacliff, TX	11,513	95	5.4%
San Leon, TX	5,439	95	5.4%
Alvin, TX	26,592	97	2.9%
Hitchcock, TX	7,831	91	8.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Blair, NE	7,830	93	6.7%
Grove City, PA	7,829	93	7.2%
Raritan, NJ	7,833	131	30.9%
Southgate, ON	7,828	n/a
Olivette, MO	7,837	120	19.6%
Hitchcock, TX	7,831	91	8.7%

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 Hitchcock, TX