Gun Barrel City, TX Cost Of Living
Cost Of Living In Gun Barrel City, TX Summary
Cost of living in Gun Barrel City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Gun Barrel City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Gun Barrel City is 96, with 100 being the average.
The cost of living index in Gun Barrel City is 1.0x lower than the national average.
Gun Barrel City ranks as the #203 cheapest in Texas out of 414.
Gun Barrel City ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Gun Barrel City is $251,813.
The median income in Gun Barrel City is $69,273.
Table Of Contents
Gun Barrel City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Gun Barrel City, TX?
According to the most recent data on the cost of living, Gun Barrel City has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Texas, Gun Barrel City has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Gun Barrel City ranks as #203 most affordable out of the 414 places we measured in Texas. By definition, that implies Gun Barrel City ranks as the #211 most expensive place in the Lone Star State.
For more reading on life in Gun Barrel City, check out:
In Texas
In America
Gun Barrel City Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Gun Barrel City. Here is how it fairs on each of the criteria:
The Services index in Gun Barrel City is 97.
The Groceries index in Gun Barrel City is 98.
The Health index in Gun Barrel City is 98.
The Housing index in Gun Barrel City is 83.
The Transportation index in Gun Barrel City is 102.
The Utilities index in Gun Barrel City is 108.
| Living Expense | Gun Barrel City | Texas | National Average | |
|---|---|---|---|---|
| Overall | 96 | 92 | 100 | |
| Services | 97 | 97 | 100 | |
| Groceries | 98 | 97 | 100 | |
| Health | 98 | 93 | 100 | |
| Housing | 83 | 82 | 100 | |
| Transportation | 102 | 94 | 100 | |
| Utilities | 108 | 104 | 100 | |
Gun Barrel City, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Gun Barrel City is $251,813.
The Median Rent in Gun Barrel City is $922.
The Median Income in Gun Barrel City is $69,273.
The Home Value To Income in Gun Barrel City is 3.6x.
The Rent To Monthly Income in Gun Barrel City is 0.16x.
| Statistic | Gun Barrel City | Texas | United States |
|---|---|---|---|
| Median Home Value | $251,813 | $298,905 | $303,400 |
| Median Rent | $922 | $1,339 | $1,348 |
| Median Income | $69,273 | $76,292 | $78,538 |
| Home Value To Income | 3.6x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Gun Barrel City, TX Costs By Category
Detailed Gun Barrel City Services Costs Vs. Texas
| Item | Gun Barrel City | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $9.77 | $12.13 |
| Bowling | $9.72 | $18 |
| Haircut | $26.75 | $24.26 |
| Beauty Salon | $54.44 | $45.56 |
Detailed Gun Barrel City Groceries Costs Vs. Texas
| Item | Gun Barrel City | Texas |
|---|---|---|
| Ground Beef | $5.5 | $5.84 |
| Fried Chicken | $1.58 | $1.57 |
| Milk | $4.54 | $4.67 |
| Potatoes | $5.05 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $10.44 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Gun Barrel City Health Costs Vs. Texas
| Item | Gun Barrel City | Texas |
|---|---|---|
| Optometrist | $126.64 | $125.68 |
| Doctor | $111.98 | $135.78 |
| Dentist | $120.97 | $113.29 |
Detailed Gun Barrel City Transportation Costs Vs. Texas
| Item | Gun Barrel City | Texas |
|---|---|---|
| Gasoline | $3.08 | $3.46 |
| Tire Balancing | $79.11 | $59.92 |
Detailed Gun Barrel City Utilities Costs Vs. Texas
| Item | Gun Barrel City | Texas |
|---|---|---|
| All Electricity | $209.92 | $193.99 |
| Phone | $199.93 | $192.25 |
Gun Barrel City SnackAbility
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