What is the cost of living in Paloma Creek South, TX?
According to the most recent data on the cost of living, Paloma Creek South has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Texas, Paloma Creek South has a cost of living index that's 1.2x higher than Texas's index of 93.
The standard of living in Paloma Creek South ranks as #357 most affordable out of the 419 places we measured in Texas. By definition, that implies Paloma Creek South ranks as the #62 most expensive place in the Lone Star State.
For more reading on life in Paloma Creek South, check out:
Paloma Creek South Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Paloma Creek South. Here is how it fares on each of the criteria:
The Services index in Paloma Creek South is 99.
The Groceries index in Paloma Creek South is 94.
The Health index in Paloma Creek South is 154.
The Housing index in Paloma Creek South is 99.
The Transportation index in Paloma Creek South is 101.
The Utilities index in Paloma Creek South is 98.
| Living Expense | Paloma Creek South | Texas | National Average |
|---|---|---|---|
| Overall | 116 | 93 | 100 |
| Services | 99 | 100 | 100 |
| Groceries | 94 | 99 | 100 |
| Health | 154 | 81 | 100 |
| Housing | 99 | 97 | 100 |
| Transportation | 101 | 103 | 100 |
| Utilities | 98 | 100 | 100 |
Paloma Creek South Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Paloma Creek South Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Paloma Creek South, 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 2020-2024. The key points are:
The Median Home Value in Paloma Creek South is $386,960.
The Median Rent in Paloma Creek South is $2,664.
The Median Income in Paloma Creek South is $121,747.
The Home Value To Income in Paloma Creek South is 3.2x.
The Rent To Monthly Income in Paloma Creek South is 0.26x.
| Statistic | Paloma Creek South | Texas | United States |
|---|---|---|---|
| Median Home Value | $386,960 | $300,957 | $332,700 |
| Median Rent | $2,664 | $1,403 | $1,413 |
| Median Income | $121,747 | $78,476 | $80,734 |
| Home Value To Income | 3.2x | 3.8x | 4.1x |
| Rent To Monthly Income | 0.26x | 0.21x | 0.21x |
Paloma Creek South, TX Costs By Category
Detailed Paloma Creek South Services costs vs. Texas
| Item | Paloma Creek South | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $11.85 | $12.13 |
| Bowling | $16.96 | $18 |
| Haircut | $23.57 | $24.26 |
| Beauty Salon | $35.11 | $45.56 |
Detailed Paloma Creek South Groceries costs vs. Texas
| Item | Paloma Creek South | Texas |
|---|---|---|
| Ground Beef | $5.44 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.15 | $4.93 |
| Pizza | $11.96 | $12.09 |
| Beer | $10.27 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Paloma Creek South Health costs vs. Texas
| Item | Paloma Creek South | Texas |
|---|---|---|
| Optometrist | $96.63 | $125.68 |
| Doctor | $131.0 | $135.78 |
| Dentist | $86.73 | $113.29 |
Detailed Paloma Creek South Transportation costs vs. Texas
| Item | Paloma Creek South | Texas |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $66.47 | $59.92 |
Detailed Paloma Creek South Utilities costs vs. Texas
| Item | Paloma Creek South | Texas |
|---|---|---|
| All Electricity | $145.64 | $193.99 |
| Phone | $208.71 | $192.25 |
Paloma Creek South SnackAbility
Cost Of Living In Cities Around Paloma Creek South
The cost of living varies in the cities and towns around Paloma Creek South. 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 120, 1.0x Paloma Creek South.
Frisco, TX has a cost of living index of 133, 1.1x Paloma Creek South.
McKinney, TX has a cost of living index of 122, 1.1x Paloma Creek South.
| City | Population | Cost Of Living | Vs. Paloma Creek South |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 1.0x |
| Frisco, TX | 219,304 | 133 | 1.1x |
| McKinney, TX | 210,600 | 122 | 1.1x |
| Carrollton, TX | 133,740 | 113 | 1.0x |
| Lewisville, TX | 131,080 | 108 | 0.9x |
| Allen, TX | 110,265 | 120 | 1.0x |
| Flower Mound, TX | 78,389 | 128 | 1.1x |
| Lakewood, WA | 62,937 | 124 | 1.1x |
| Little Elm, TX | 54,820 | 118 | 1.0x |
| The Colony, TX | 45,454 | 111 | 1.0x |
