According to the most recent data on the cost of living, Big Spring has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.
Compared to only Texas, Big Spring has a cost of living index that's 0.9x lower than Texas's index of 94.
The standard of living in Big Spring ranks as #1,101 most affordable out of the 6,418 places we measured in Texas. By definition, that implies Big Spring ranks as the #5,317 most expensive place in the Lone Star State.
Living Expense | Big Spring | Texas | National Average | |
---|---|---|---|---|
Overall | 87 | 94 | 100 | |
Services | 107 | 98 | 100 | |
Groceries | 91 | 89 | 100 | |
Health | 101 | 95 | 100 | |
Housing | 56 | 83 | 100 | |
Transportation | 99 | 89 | 100 | |
Utilities | 101 | 101 | 100 |
Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Big Spring | Texas | United States |
---|---|---|---|
Median Home Value | $94,700 | $187,200 | $229,800 |
Median Rent | $881 | $1,082 | $1,096 |
Median Income | $55,637 | $63,826 | $64,994 |
Home Value To Income | 1.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Big Spring | Texas |
---|---|---|
Shampoo | $0.92 | $1.06 |
Movie | $10.94 | $10.68 |
Bowling | $17.67 | $14.67 |
Item | Big Spring | Texas |
---|---|---|
Ground Beef | $3.99 | $4.22 |
Fried Chicken | $1.16 | $1.39 |
Milk | $1.51 | $2.05 |
Item | Big Spring | Texas |
---|---|---|
Haircut | $22.0 | $18.62 |
Beauty Salon | $33.61 | $39.05 |
Toothpaste | $1.97 | $2.34 |
Item | Big Spring | Texas |
---|---|---|
Potatoes | $2.55 | $3.29 |
Pizza | $13.99 | $10.62 |
Beer | $10.27 | $9.38 |
Optometrist | $103.22 | $108.57 |
Doctor | $98.67 | $116.17 |
Dentist | $109.17 | $99.13 |
Item | Big Spring | Texas |
---|---|---|
Gasoline | $2.03 | $2.22 |
Tire Balancing | $55.11 | $50.07 |
All Electricity | $165.0 | $167.67 |
Phone | $184.35 | $175.64 |
City | Population | Cost Of Living | Vs. Big Spring |
---|---|---|---|
Midland, TX | 141,194 | 102 | 1.2x |
Snyder, TX | 11,211 | 83 | 1.0x |