Kaufman, TX Cost Of Living
Cost Of Living In Kaufman, TX Summary
Cost of living in Kaufman 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 Kaufman 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 Kaufman is 93, with 100 being the average.
The cost of living index in Kaufman is 0.9x lower than the national average.
Kaufman ranks as the #251 cheapest in Texas out of 405.
Kaufman ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Kaufman is $114,000.
The median income in Kaufman is $52,019.
Table Of Contents
Kaufman's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Kaufman, TX?
According to the most recent data on the cost of living, Kaufman has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Texas, Kaufman has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Kaufman ranks as #251 most affordable out of the 405 places we measured in Texas. By definition, that implies Kaufman ranks as the #154 most expensive place in the Lone Star State.
For more reading on life in Kaufman, check out:
- Living In Kaufman
- Kaufman Crime Report
- Search Homes For Sale In Kaufman, TX
In Texas
In America
Kaufman Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Kaufman. Here is how it fairs on each of the criteria:
The Services index in Kaufman is 108.
The Groceries index in Kaufman is 98.
The Health index in Kaufman is 114.
The Housing index in Kaufman is 58.
The Transportation index in Kaufman is 95.
The Utilities index in Kaufman is 109.
| Living Expense | Kaufman | Texas | National Average | |
|---|---|---|---|---|
| Overall | 93 | 92 | 100 | |
| Services | 108 | 96 | 100 | |
| Groceries | 98 | 93 | 100 | |
| Health | 114 | 93 | 100 | |
| Housing | 58 | 84 | 100 | |
| Transportation | 95 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Kaufman, 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 2017-2021. The key points are:
The Median Home Value in Kaufman is $114,000.
The Median Rent in Kaufman is $1,120.
The Median Income in Kaufman is $52,019.
The Home Value To Income in Kaufman is 2.2x.
The Rent To Monthly Income in Kaufman is 0.26x.
| Statistic | Kaufman | Texas | United States |
|---|---|---|---|
| Median Home Value | $114,000 | $202,600 | $244,900 |
| Median Rent | $1,120 | $1,146 | $1,163 |
| Median Income | $52,019 | $67,321 | $69,021 |
| Home Value To Income | 2.2x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Kaufman, TX Costs By Category
Detailed Kaufman Services Costs Vs. Texas
Detailed Kaufman Groceries Costs Vs. Texas
Detailed Kaufman Health Costs Vs. Texas
Detailed Kaufman Transportation Costs Vs. Texas
Detailed Kaufman Utilities Costs Vs. Texas
Kaufman SnackAbility
/10
Cost Of Living In Cities Around Kaufman
The cost of living varies in the cities and towns around Kaufman. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 114, 1.2x Kaufman.
Frisco, TX has a cost of living index of 120, 1.3x Kaufman.
McKinney, TX has a cost of living index of 112, 1.2x Kaufman.
| City | Population | Cost Of Living | Vs. Kaufman |
|---|---|---|---|
| Plano, TX | 282,181 | 114 | 1.2x |
| Frisco, TX | 193,140 | 120 | 1.3x |
| McKinney, TX | 189,394 | 112 | 1.2x |
| Carrollton, TX | 131,388 | 105 | 1.1x |
| Richardson, TX | 115,904 | 110 | 1.2x |
| Allen, TX | 102,778 | 110 | 1.2x |
| The Colony, TX | 43,489 | 102 | 1.1x |
| Coppell, TX | 42,420 | 121 | 1.3x |
| University Park, TX | 25,029 | 214 | 2.3x |
| Murphy, TX | 20,655 | 127 | 1.4x |
