Carthage, TX Cost Of Living
Cost Of Living In Carthage, TX Summary
Cost of living in Carthage 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 Carthage 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 Carthage is 84, with 100 being the average.
The cost of living index in Carthage is 0.8x lower than the national average.
Carthage ranks as the #116 cheapest in Texas out of 405.
Carthage ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Carthage is $131,500.
The median income in Carthage is $44,951.
Table Of Contents
Carthage's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Carthage, TX?
According to the most recent data on the cost of living, Carthage has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Texas, Carthage has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Carthage ranks as #116 most affordable out of the 405 places we measured in Texas. By definition, that implies Carthage ranks as the #289 most expensive place in the Lone Star State.
For more reading on life in Carthage, check out:
- Living In Carthage
- Carthage Crime Report
- Search Homes For Sale In Carthage, TX
In Texas
In America
Carthage Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Carthage. Here is how it fairs on each of the criteria:
The Services index in Carthage is 99.
The Groceries index in Carthage is 90.
The Health index in Carthage is 95.
The Housing index in Carthage is 62.
The Transportation index in Carthage is 89.
The Utilities index in Carthage is 90.
| Living Expense | Carthage | Texas | National Average | |
|---|---|---|---|---|
| Overall | 84 | 92 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 90 | 93 | 100 | |
| Health | 95 | 93 | 100 | |
| Housing | 62 | 84 | 100 | |
| Transportation | 89 | 92 | 100 | |
| Utilities | 90 | 104 | 100 | |
Carthage, TX Housing Cost Breakdown
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 Carthage is $131,500.
The Median Rent in Carthage is $629.
The Median Income in Carthage is $44,951.
The Home Value To Income in Carthage is 2.9x.
The Rent To Monthly Income in Carthage is 0.17x.
| Statistic | Carthage | Texas | United States |
|---|---|---|---|
| Median Home Value | $131,500 | $202,600 | $244,900 |
| Median Rent | $629 | $1,146 | $1,163 |
| Median Income | $44,951 | $67,321 | $69,021 |
| Home Value To Income | 2.9x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Carthage, TX Costs By Category
Detailed Carthage Services Costs Vs. Texas
Detailed Carthage Groceries Costs Vs. Texas
Detailed Carthage Health Costs Vs. Texas
Detailed Carthage Transportation Costs Vs. Texas
Detailed Carthage Utilities Costs Vs. Texas
Carthage SnackAbility
/10
Cost Of Living In Cities Around Carthage
The cost of living varies in the cities and towns around Carthage. Here's a quick look at the cost of living in the most populous nearby places:
Shreveport, LA has a cost of living index of 88, 1.0x Carthage.
Longview, TX has a cost of living index of 88, 1.0x Carthage.
Nacogdoches, TX has a cost of living index of 88, 1.0x Carthage.
| City | Population | Cost Of Living | Vs. Carthage |
|---|---|---|---|
| Shreveport, LA | 189,374 | 88 | 1.0x |
| Longview, TX | 81,967 | 88 | 1.0x |
| Nacogdoches, TX | 32,347 | 88 | 1.0x |
| Marshall, TX | 22,862 | 82 | 1.0x |
| Henderson, TX | 13,498 | 86 | 1.0x |
| Kilgore, TX | 13,364 | 85 | 1.0x |
