Palmview, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
Palmview's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Palmview is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Palmview, TX?

According to the most recent data on the cost of living, Palmview has an overall cost of living index of 74 which is 0.7x lower than the national index of 100.

Compared to only Texas, Palmview has a cost of living index that's 0.8x lower than Texas's index of 91.

The standard of living in Palmview ranks as #37 most affordable out of the 6522 places we measured in Texas. By definition, that implies Palmview ranks as the #6369 most expensive place in the Lone Star State.

For more reading on life in Palmview, check out:

Palmview Cost Of Living Vs. Texas

Living Expense Palmview Texas National Average
Overall 74 91 100
Services 77 95 100
Groceries 85 90 100
Health 70 97 100
Housing 52 83 100
Transportation 90 94 100
Utilities 101 102 100
For more reading on cost of living around Texas, check out:
Palmview Cost of Living Vs. TX

Palmview, TX Housing Cost Breakdown

Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Palmview Texas United States
Median Home Value $83,200 $161,700 $204,900
Median Rent $649 $998 $1,023
Median Income $35,921 $59,570 $60,293
Home Value To Income 2.3x 2.7x 3.4x
Rent To Monthly Income 0.22x 0.2x 0.2x

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Cost Of Living In Cities Around Palmview

City Population Cost Of Living Vs. Palmview
McAllen, TX 141,597 79 1.1x
Edinburg, TX 94,019 77 1.0x
Mission, TX 83,709 77 1.0x
Pharr, TX 77,835 73 1.0x
Alamo, TX 19,591 71 1.0x
Alton, TX 16,566 74 1.0x
Hidalgo, TX 13,760 74 1.0x
La Homa, TX 12,054 72 1.0x
Palmview South, TX 5,352 71 1.0x
Doffing, TX 5,065 70 0.9x

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