Elsa, TX Cost Of Living
Cost Of Living In Elsa, TX Summary
Cost of living in Elsa 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 Elsa 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 Elsa is 71, with 100 being the average.
The cost of living index in Elsa is 0.7x lower than the national average.
Elsa ranks as the #9 cheapest in Texas out of 405.
Elsa ranks as the #9 cheapest out of 6,412 in the US.
The median home value in Elsa is $59,300.
The median income in Elsa is $47,196.
Table Of Contents
Elsa's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Elsa, TX?
According to the most recent data on the cost of living, Elsa has an overall cost of living index of 71, which is 0.7x lower than the national index of 100.
Compared to Texas, Elsa has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in Elsa ranks as #9 most affordable out of the 405 places we measured in Texas. By definition, that implies Elsa ranks as the #396 most expensive place in the Lone Star State.
For more reading on life in Elsa, check out:
- Living In Elsa
- Elsa Crime Report
- Search Homes For Sale In Elsa, TX
In Texas
In America
Elsa Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Elsa. Here is how it fairs on each of the criteria:
The Services index in Elsa is 82.
The Groceries index in Elsa is 88.
The Health index in Elsa is 71.
The Housing index in Elsa is 32.
The Transportation index in Elsa is 88.
The Utilities index in Elsa is 104.
| Living Expense | Elsa | Texas | National Average | |
|---|---|---|---|---|
| Overall | 71 | 92 | 100 | |
| Services | 82 | 96 | 100 | |
| Groceries | 88 | 93 | 100 | |
| Health | 71 | 93 | 100 | |
| Housing | 32 | 84 | 100 | |
| Transportation | 88 | 92 | 100 | |
| Utilities | 104 | 104 | 100 | |
Elsa, 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 Elsa is $59,300.
The Median Rent in Elsa is $633.
The Median Income in Elsa is $47,196.
The Home Value To Income in Elsa is 1.3x.
The Rent To Monthly Income in Elsa is 0.16x.
| Statistic | Elsa | Texas | United States |
|---|---|---|---|
| Median Home Value | $59,300 | $202,600 | $244,900 |
| Median Rent | $633 | $1,146 | $1,163 |
| Median Income | $47,196 | $67,321 | $69,021 |
| Home Value To Income | 1.3x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Elsa, TX Costs By Category
Detailed Elsa Services Costs Vs. Texas
Detailed Elsa Groceries Costs Vs. Texas
Detailed Elsa Health Costs Vs. Texas
Detailed Elsa Transportation Costs Vs. Texas
Detailed Elsa Utilities Costs Vs. Texas
Elsa SnackAbility
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Cost Of Living In Cities Around Elsa
The cost of living varies in the cities and towns around Elsa. Here's a quick look at the cost of living in the most populous nearby places:
McAllen, TX has a cost of living index of 79, 1.1x Elsa.
Edinburg, TX has a cost of living index of 81, 1.1x Elsa.
Pharr, TX has a cost of living index of 75, 1.1x Elsa.
| City | Population | Cost Of Living | Vs. Elsa |
|---|---|---|---|
| McAllen, TX | 141,941 | 79 | 1.1x |
| Edinburg, TX | 98,759 | 81 | 1.1x |
| Pharr, TX | 78,997 | 75 | 1.1x |
| Harlingen, TX | 71,124 | 75 | 1.1x |
| Weslaco, TX | 40,393 | 74 | 1.0x |
| Alamo, TX | 19,644 | 75 | 1.1x |
| Alton, TX | 17,993 | 77 | 1.1x |
| Donna, TX | 16,743 | 70 | 1.0x |
| Mercedes, TX | 16,274 | 69 | 1.0x |
| Raymondville, TX | 10,574 | 69 | 1.0x |
