Palestine, TX Cost Of Living
Cost Of Living In Palestine, TX Summary
Cost of living in Palestine 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 Palestine 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 Palestine is 84, with 100 being the average.
The cost of living index in Palestine is 0.8x lower than the national average.
Palestine ranks as the #116 cheapest in Texas out of 405.
Palestine ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Palestine is $110,300.
The median income in Palestine is $41,730.
Table Of Contents
Palestine's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Palestine, TX?
According to the most recent data on the cost of living, Palestine has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Texas, Palestine has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Palestine ranks as #116 most affordable out of the 405 places we measured in Texas. By definition, that implies Palestine ranks as the #289 most expensive place in the Lone Star State.
For more reading on life in Palestine, check out:
- Living In Palestine
- Palestine Crime Report
- Search Homes For Sale In Palestine, TX
In Texas
In America
Palestine Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Palestine. Here is how it fairs on each of the criteria:
The Services index in Palestine is 96.
The Groceries index in Palestine is 90.
The Health index in Palestine is 102.
The Housing index in Palestine is 55.
The Transportation index in Palestine is 94.
The Utilities index in Palestine is 106.
| Living Expense | Palestine | Texas | National Average | |
|---|---|---|---|---|
| Overall | 84 | 92 | 100 | |
| Services | 96 | 96 | 100 | |
| Groceries | 90 | 93 | 100 | |
| Health | 102 | 93 | 100 | |
| Housing | 55 | 84 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 106 | 104 | 100 | |
Palestine, 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 Palestine is $110,300.
The Median Rent in Palestine is $880.
The Median Income in Palestine is $41,730.
The Home Value To Income in Palestine is 2.6x.
The Rent To Monthly Income in Palestine is 0.25x.
| Statistic | Palestine | Texas | United States |
|---|---|---|---|
| Median Home Value | $110,300 | $202,600 | $244,900 |
| Median Rent | $880 | $1,146 | $1,163 |
| Median Income | $41,730 | $67,321 | $69,021 |
| Home Value To Income | 2.6x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Palestine, TX Costs By Category
Detailed Palestine Services Costs Vs. Texas
Detailed Palestine Groceries Costs Vs. Texas
Detailed Palestine Health Costs Vs. Texas
Detailed Palestine Transportation Costs Vs. Texas
Detailed Palestine Utilities Costs Vs. Texas
Palestine SnackAbility
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Cost Of Living In Cities Around Palestine
The cost of living varies in the cities and towns around Palestine. Here's a quick look at the cost of living in the most populous nearby places:
Tyler, TX has a cost of living index of 91, 1.1x Palestine.
Jacksonville, TX has a cost of living index of 83, 1.0x Palestine.
Athens, TX has a cost of living index of 86, 1.0x Palestine.
| City | Population | Cost Of Living | Vs. Palestine |
|---|---|---|---|
| Tyler, TX | 104,945 | 91 | 1.1x |
| Jacksonville, TX | 14,029 | 83 | 1.0x |
| Athens, TX | 12,719 | 86 | 1.0x |
