Mexia, TX Cost Of Living
Cost Of Living In Mexia, TX Summary
Cost of living in Mexia 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 Mexia 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 Mexia is 82, with 100 being the average.
The cost of living index in Mexia is 0.8x lower than the national average.
Mexia ranks as the #76 cheapest in Texas out of 405.
Mexia ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Mexia is $75,400.
The median income in Mexia is $34,541.
Table Of Contents
Mexia's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mexia, TX?
According to the most recent data on the cost of living, Mexia has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Texas, Mexia has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Mexia ranks as #76 most affordable out of the 405 places we measured in Texas. By definition, that implies Mexia ranks as the #329 most expensive place in the Lone Star State.
For more reading on life in Mexia, check out:
- Living In Mexia
- Mexia Crime Report
- Search Homes For Sale In Mexia, TX
In Texas
In America
Mexia Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Mexia. Here is how it fairs on each of the criteria:
The Services index in Mexia is 99.
The Groceries index in Mexia is 82.
The Health index in Mexia is 92.
The Housing index in Mexia is 50.
The Transportation index in Mexia is 92.
The Utilities index in Mexia is 103.
| Living Expense | Mexia | Texas | National Average | |
|---|---|---|---|---|
| Overall | 82 | 92 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 82 | 93 | 100 | |
| Health | 92 | 93 | 100 | |
| Housing | 50 | 84 | 100 | |
| Transportation | 92 | 92 | 100 | |
| Utilities | 103 | 104 | 100 | |
Mexia, 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 Mexia is $75,400.
The Median Rent in Mexia is $688.
The Median Income in Mexia is $34,541.
The Home Value To Income in Mexia is 2.2x.
The Rent To Monthly Income in Mexia is 0.24x.
| Statistic | Mexia | Texas | United States |
|---|---|---|---|
| Median Home Value | $75,400 | $202,600 | $244,900 |
| Median Rent | $688 | $1,146 | $1,163 |
| Median Income | $34,541 | $67,321 | $69,021 |
| Home Value To Income | 2.2x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Mexia, TX Costs By Category
Detailed Mexia Services Costs Vs. Texas
Detailed Mexia Groceries Costs Vs. Texas
Detailed Mexia Health Costs Vs. Texas
Detailed Mexia Transportation Costs Vs. Texas
Detailed Mexia Utilities Costs Vs. Texas
Mexia SnackAbility
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Cost Of Living In Cities Around Mexia
The cost of living varies in the cities and towns around Mexia. Here's a quick look at the cost of living in the most populous nearby places:
Waco, TX has a cost of living index of 86, 1.0x Mexia.
Corsicana, TX has a cost of living index of 90, 1.1x Mexia.
Ennis, TX has a cost of living index of 94, 1.1x Mexia.
| City | Population | Cost Of Living | Vs. Mexia |
|---|---|---|---|
| Waco, TX | 136,800 | 86 | 1.0x |
| Corsicana, TX | 24,589 | 90 | 1.1x |
| Ennis, TX | 19,942 | 94 | 1.1x |
| Palestine, TX | 18,532 | 84 | 1.0x |
| Hewitt, TX | 15,707 | 93 | 1.1x |
| Robinson, TX | 12,336 | 94 | 1.1x |
