Cost of living in Borger 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 Borger 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 Borger is 75, with 100 being the average.
The cost of living index in Borger is 0.8x lower than the national average.
Borger ranks as the #19 cheapest in Texas out of 405.
Borger ranks as the #35 cheapest out of 6,412 in the US.
The median home value in Borger is $78,500.
The median income in Borger is $49,705.
According to the most recent data on the cost of living, Borger has an overall cost of living index of 75, which is 0.8x lower than the national index of 100.
Compared to Texas, Borger has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in Borger ranks as #19 most affordable out of the 405 places we measured in Texas. By definition, that implies Borger ranks as the #386 most expensive place in the Lone Star State.
For more reading on life in Borger, check out:
Six factors go into calculating the cost of living index in Borger. Here is how it fairs on each of the criteria:
The Services index in Borger is 87.
The Groceries index in Borger is 94.
The Health index in Borger is 90.
The Housing index in Borger is 50.
The Transportation index in Borger is 80.
The Utilities index in Borger is 90.
Living Expense | Borger | Texas | National Average | |
---|---|---|---|---|
Overall | 75 | 92 | 100 | |
Services | 87 | 96 | 100 | |
Groceries | 94 | 93 | 100 | |
Health | 90 | 93 | 100 | |
Housing | 50 | 84 | 100 | |
Transportation | 80 | 92 | 100 | |
Utilities | 90 | 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 2017-2021. The key points are:
The Median Home Value in Borger is $78,500.
The Median Rent in Borger is $789.
The Median Income in Borger is $49,705.
The Home Value To Income in Borger is 1.6x.
The Rent To Monthly Income in Borger is 0.19x.
Statistic | Borger | Texas | United States |
---|---|---|---|
Median Home Value | $78,500 | $202,600 | $244,900 |
Median Rent | $789 | $1,146 | $1,163 |
Median Income | $49,705 | $67,321 | $69,021 |
Home Value To Income | 1.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Borger. Here's a quick look at the cost of living in the most populous nearby places:
Amarillo, TX has a cost of living index of 82, 1.1x Borger.
Pampa, TX has a cost of living index of 78, 1.0x Borger.
Dumas, TX has a cost of living index of 82, 1.1x Borger.