Cost of living in Breckenridge 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 Breckenridge 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 Breckenridge is 77, with 100 being the average.
The cost of living index in Breckenridge is 0.8x lower than the national average.
Breckenridge ranks as the #30 cheapest in Texas out of 405.
Breckenridge ranks as the #78 cheapest out of 6,412 in the US.
The median home value in Breckenridge is $66,200.
The median income in Breckenridge is $39,191.
According to the most recent data on the cost of living, Breckenridge has an overall cost of living index of 77, which is 0.8x lower than the national index of 100.
Compared to Texas, Breckenridge has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in Breckenridge ranks as #30 most affordable out of the 405 places we measured in Texas. By definition, that implies Breckenridge ranks as the #375 most expensive place in the Lone Star State.
For more reading on life in Breckenridge, check out:
Six factors go into calculating the cost of living index in Breckenridge. Here is how it fairs on each of the criteria:
The Services index in Breckenridge is 87.
The Groceries index in Breckenridge is 86.
The Health index in Breckenridge is 107.
The Housing index in Breckenridge is 41.
The Transportation index in Breckenridge is 99.
The Utilities index in Breckenridge is 106.
Living Expense | Breckenridge | Texas | National Average | |
---|---|---|---|---|
Overall | 77 | 92 | 100 | |
Services | 87 | 96 | 100 | |
Groceries | 86 | 93 | 100 | |
Health | 107 | 93 | 100 | |
Housing | 41 | 84 | 100 | |
Transportation | 99 | 92 | 100 | |
Utilities | 106 | 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 Breckenridge is $66,200.
The Median Rent in Breckenridge is $751.
The Median Income in Breckenridge is $39,191.
The Home Value To Income in Breckenridge is 1.7x.
The Rent To Monthly Income in Breckenridge is 0.23x.
Statistic | Breckenridge | Texas | United States |
---|---|---|---|
Median Home Value | $66,200 | $202,600 | $244,900 |
Median Rent | $751 | $1,146 | $1,163 |
Median Income | $39,191 | $67,321 | $69,021 |
Home Value To Income | 1.7x | 3.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Item | Breckenridge | Texas |
---|---|---|
Shampoo | $0.88 | $1.06 |
Movie | $9.32 | $10.68 |
Bowling | $12.05 | $14.67 |
Haircut | $19.71 | $18.62 |
Beauty Salon | $35.74 | $39.05 |
Item | Breckenridge | Texas |
---|---|---|
Ground Beef | $3.7 | $4.22 |
Fried Chicken | $1.04 | $1.39 |
Milk | $1.77 | $2.05 |
Potatoes | $2.62 | $3.29 |
Pizza | $9.14 | $10.62 |
Beer | $8.92 | $9.38 |
Toothpaste | $2.03 | $2.34 |
Item | Breckenridge | Texas |
---|---|---|
Optometrist | $146.11 | $108.57 |
Doctor | $121.6 | $116.17 |
Dentist | $98.5 | $99.13 |
Item | Breckenridge | Texas |
---|---|---|
Gasoline | $1.95 | $2.22 |
Tire Balancing | $61.15 | $50.07 |
Item | Breckenridge | Texas |
---|---|---|
All Electricity | $189.81 | $167.67 |
Phone | $185.48 | $175.64 |
The cost of living varies in the cities and towns around Breckenridge. Here's a quick look at the cost of living in the most populous nearby places:
Mineral Wells, TX has a cost of living index of 83, 1.1x Breckenridge.
Graham, TX has a cost of living index of 80, 1.0x Breckenridge.
City | Population | Cost Of Living | Vs. Breckenridge |
---|---|---|---|
Mineral Wells, TX | 14,925 | 83 | 1.1x |
Graham, TX | 8,718 | 80 | 1.0x |