Cost of living in Bowie 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 Bowie 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 Bowie is 82, with 100 being the average.
The cost of living index in Bowie is 0.8x lower than the national average.
Bowie ranks as the #76 cheapest in Texas out of 405.
Bowie ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Bowie is $140,200.
The median income in Bowie is $54,440.
According to the most recent data on the cost of living, Bowie has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Texas, Bowie has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Bowie ranks as #76 most affordable out of the 405 places we measured in Texas. By definition, that implies Bowie ranks as the #329 most expensive place in the Lone Star State.
For more reading on life in Bowie, check out:
Six factors go into calculating the cost of living index in Bowie. Here is how it fairs on each of the criteria:
The Services index in Bowie is 87.
The Groceries index in Bowie is 92.
The Health index in Bowie is 95.
The Housing index in Bowie is 54.
The Transportation index in Bowie is 86.
The Utilities index in Bowie is 111.
Living Expense | Bowie | Texas | National Average | |
---|---|---|---|---|
Overall | 82 | 92 | 100 | |
Services | 87 | 96 | 100 | |
Groceries | 92 | 93 | 100 | |
Health | 95 | 93 | 100 | |
Housing | 54 | 84 | 100 | |
Transportation | 86 | 92 | 100 | |
Utilities | 111 | 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 Bowie is $140,200.
The Median Rent in Bowie is $921.
The Median Income in Bowie is $54,440.
The Home Value To Income in Bowie is 2.6x.
The Rent To Monthly Income in Bowie is 0.2x.
Statistic | Bowie | Texas | United States |
---|---|---|---|
Median Home Value | $140,200 | $202,600 | $244,900 |
Median Rent | $921 | $1,146 | $1,163 |
Median Income | $54,440 | $67,321 | $69,021 |
Home Value To Income | 2.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Bowie. Here's a quick look at the cost of living in the most populous nearby places:
Denton, TX has a cost of living index of 102, 1.2x Bowie.
Wichita Falls, TX has a cost of living index of 83, 1.0x Bowie.
Gainesville, TX has a cost of living index of 84, 1.0x Bowie.
City | Population | Cost Of Living | Vs. Bowie |
---|---|---|---|
Denton, TX | 139,704 | 102 | 1.2x |
Wichita Falls, TX | 102,563 | 83 | 1.0x |
Gainesville, TX | 17,146 | 84 | 1.0x |
Azle, TX | 13,157 | 92 | 1.1x |
Lakeside, VA | 12,690 | 99 | 1.2x |
Sunset, UT | 5,454 | 88 | 1.1x |