Cost of living in Corsicana 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 Corsicana 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 Corsicana is 90, with 100 being the average.
The cost of living index in Corsicana is 0.9x lower than the national average.
Corsicana ranks as the #209 cheapest in Texas out of 405.
Corsicana ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Corsicana is $112,300.
The median income in Corsicana is $45,121.
According to the most recent data on the cost of living, Corsicana has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Texas, Corsicana has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Corsicana ranks as #209 most affordable out of the 405 places we measured in Texas. By definition, that implies Corsicana ranks as the #196 most expensive place in the Lone Star State.
For more reading on life in Corsicana, check out:
Six factors go into calculating the cost of living index in Corsicana. Here is how it fairs on each of the criteria:
The Services index in Corsicana is 109.
The Groceries index in Corsicana is 102.
The Health index in Corsicana is 113.
The Housing index in Corsicana is 55.
The Transportation index in Corsicana is 93.
The Utilities index in Corsicana is 109.
Living Expense | Corsicana | Texas | National Average | |
---|---|---|---|---|
Overall | 90 | 92 | 100 | |
Services | 109 | 96 | 100 | |
Groceries | 102 | 93 | 100 | |
Health | 113 | 93 | 100 | |
Housing | 55 | 84 | 100 | |
Transportation | 93 | 92 | 100 | |
Utilities | 109 | 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 Corsicana is $112,300.
The Median Rent in Corsicana is $850.
The Median Income in Corsicana is $45,121.
The Home Value To Income in Corsicana is 2.5x.
The Rent To Monthly Income in Corsicana is 0.23x.
Statistic | Corsicana | Texas | United States |
---|---|---|---|
Median Home Value | $112,300 | $202,600 | $244,900 |
Median Rent | $850 | $1,146 | $1,163 |
Median Income | $45,121 | $67,321 | $69,021 |
Home Value To Income | 2.5x | 3.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Corsicana. Here's a quick look at the cost of living in the most populous nearby places:
DeSoto, TX has a cost of living index of 100, 1.1x Corsicana.
Cedar Hill, TX has a cost of living index of 103, 1.1x Corsicana.
Duncanville, TX has a cost of living index of 97, 1.1x Corsicana.
City | Population | Cost Of Living | Vs. Corsicana |
---|---|---|---|
DeSoto, TX | 55,761 | 100 | 1.1x |
Cedar Hill, TX | 48,968 | 103 | 1.1x |
Duncanville, TX | 40,575 | 97 | 1.1x |
Waxahachie, TX | 39,815 | 98 | 1.1x |
Midlothian, TX | 33,914 | 102 | 1.1x |
Forney, TX | 22,770 | 103 | 1.1x |
Ennis, TX | 19,942 | 94 | 1.0x |
Terrell, TX | 17,083 | 93 | 1.0x |
Red Oak, TX | 13,956 | 98 | 1.1x |
Athens, TX | 12,719 | 86 | 1.0x |