Cost of Living in Texarkana, TX
| Cost of Living in Texarkana, TX | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 28% lower | 40% lower |
| Utilities (Monthly) | 11% lower | 11% lower |
| Food | 14% lower | 16% lower |
| Healthcare | 19% lower | 20% lower |
| Transportation | 12% higher | 5% higher |
| Goods & Services | 5% lower | 4% lower |
The cost of living in Texarkana, TX is 12% lower than the state average and 17% lower than the national average. Texarkana, TX housing is 40% cheaper than the U.S average, while utilities are about 11% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 16% cheaper in Texarkana, TX than in the rest of the country, while clothing costs around 4% less .
Healthcare services such as doctor check-ups and dentistry cost 20% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% cheaper in Texarkana, TX.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Texarkana is $1,195, while home prices circle around $327,836.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Texarkana, energy bills cost around $171.14 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.04 in Texarkana, a dozen eggs go for around $1.07 and a pound of potatoes circles around $3.28.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Texarkana, an optometry check-up costs around $103.14, while a dentist appointment is priced $84.65 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.58 in Texarkana, while getting your tires balanced will run you about $62.80.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $27.12 here. Meanwhile, a pair of women's slacks will set you back around $37.18.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Texarkana, you should budget around $9.73 a month. When it comes to personal services, a haircut usually goes for $22.16, while dry cleaning costs about $13.47.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Texarkana, the median household income is $49,240.