Cost of living in Raymondville 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 Raymondville 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 Raymondville is 70, with 100 being the average.
The cost of living index in Raymondville is 0.7x lower than the national average.
Raymondville ranks as the #1 cheapest in Texas out of 414.
Raymondville ranks as the #1 cheapest out of 6,489 in the US.
The median home value in Raymondville is $107,617.
The median income in Raymondville is $42,148.
According to the most recent data on the cost of living, Raymondville has an overall cost of living index of 70, which is 0.7x lower than the national index of 100.
Compared to Texas, Raymondville has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in Raymondville ranks as #1 most affordable out of the 414 places we measured in Texas. By definition, that implies Raymondville ranks as the #413 most expensive place in the Lone Star State.
For more reading on life in Raymondville, check out:
Six factors go into calculating the cost of living index in Raymondville. Here is how it fairs on each of the criteria:
The Services index in Raymondville is 77.
The Groceries index in Raymondville is 92.
The Health index in Raymondville is 82.
The Housing index in Raymondville is 43.
The Transportation index in Raymondville is 83.
The Utilities index in Raymondville is 102.
| Living Expense | Raymondville | Texas | National Average | |
|---|---|---|---|---|
| Overall | 70 | 92 | 100 | |
| Services | 77 | 97 | 100 | |
| Groceries | 92 | 97 | 100 | |
| Health | 82 | 93 | 100 | |
| Housing | 43 | 82 | 100 | |
| Transportation | 83 | 94 | 100 | |
| Utilities | 102 | 104 | 100 | |
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 Raymondville is $107,617.
The Median Rent in Raymondville is $945.
The Median Income in Raymondville is $42,148.
The Home Value To Income in Raymondville is 2.6x.
The Rent To Monthly Income in Raymondville is 0.27x.
| Statistic | Raymondville | Texas | United States |
|---|---|---|---|
| Median Home Value | $107,617 | $298,905 | $303,400 |
| Median Rent | $945 | $1,339 | $1,348 |
| Median Income | $42,148 | $76,292 | $78,538 |
| Home Value To Income | 2.6x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.21x | 0.21x |
| Item | Raymondville | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $11.97 | $12.13 |
| Bowling | $16.67 | $18 |
| Haircut | $22.42 | $24.26 |
| Beauty Salon | $48.58 | $45.56 |
| Item | Raymondville | Texas |
|---|---|---|
| Ground Beef | $5.53 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.68 | $4.67 |
| Potatoes | $4.98 | $4.93 |
| Pizza | $11.42 | $12.09 |
| Beer | $10.43 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
| Item | Raymondville | Texas |
|---|---|---|
| Optometrist | $95.94 | $125.68 |
| Doctor | $109.53 | $135.78 |
| Dentist | $133.27 | $113.29 |
| Item | Raymondville | Texas |
|---|---|---|
| Gasoline | $3.0 | $3.46 |
| Tire Balancing | $49.28 | $59.92 |
| Item | Raymondville | Texas |
|---|---|---|
| All Electricity | $196.67 | $193.99 |
| Phone | $201.86 | $192.25 |
The cost of living varies in the cities and towns around Raymondville. Here's a quick look at the cost of living in the most populous nearby places:
Brownsville, TX has a cost of living index of 78, 1.1x Raymondville.
McAllen, TX has a cost of living index of 86, 1.2x Raymondville.
Edinburg, TX has a cost of living index of 87, 1.2x Raymondville.
| City | Population | Cost Of Living | Vs. Raymondville |
|---|---|---|---|
| Brownsville, TX | 188,023 | 78 | 1.1x |
| McAllen, TX | 143,789 | 86 | 1.2x |
| Edinburg, TX | 102,561 | 87 | 1.2x |
| Mission, TX | 86,234 | 86 | 1.2x |
| Pharr, TX | 79,809 | 82 | 1.2x |
| Harlingen, TX | 71,669 | 76 | 1.1x |
| San Benito, TX | 24,677 | 71 | 1.0x |
| Alton, TX | 19,205 | 80 | 1.1x |
| Hidalgo, TX | 14,250 | 83 | 1.2x |
| La Homa, TX | 11,389 | 78 | 1.1x |