Cost of living in Pampa 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 Pampa 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 Pampa is 78, with 100 being the average.
The cost of living index in Pampa is 0.8x lower than the national average.
Pampa ranks as the #37 cheapest in Texas out of 405.
Pampa ranks as the #113 cheapest out of 6,412 in the US.
The median home value in Pampa is $80,600.
The median income in Pampa is $48,010.
According to the most recent data on the cost of living, Pampa has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Texas, Pampa has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in Pampa ranks as #37 most affordable out of the 405 places we measured in Texas. By definition, that implies Pampa ranks as the #368 most expensive place in the Lone Star State.
For more reading on life in Pampa, check out:
Six factors go into calculating the cost of living index in Pampa. Here is how it fairs on each of the criteria:
The Services index in Pampa is 87.
The Groceries index in Pampa is 94.
The Health index in Pampa is 87.
The Housing index in Pampa is 53.
The Transportation index in Pampa is 80.
The Utilities index in Pampa is 92.
Living Expense | Pampa | Texas | National Average | |
---|---|---|---|---|
Overall | 78 | 92 | 100 | |
Services | 87 | 96 | 100 | |
Groceries | 94 | 93 | 100 | |
Health | 87 | 93 | 100 | |
Housing | 53 | 84 | 100 | |
Transportation | 80 | 92 | 100 | |
Utilities | 92 | 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 Pampa is $80,600.
The Median Rent in Pampa is $785.
The Median Income in Pampa is $48,010.
The Home Value To Income in Pampa is 1.7x.
The Rent To Monthly Income in Pampa is 0.2x.
Statistic | Pampa | Texas | United States |
---|---|---|---|
Median Home Value | $80,600 | $202,600 | $244,900 |
Median Rent | $785 | $1,146 | $1,163 |
Median Income | $48,010 | $67,321 | $69,021 |
Home Value To Income | 1.7x | 3.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Pampa. Here's a quick look at the cost of living in the most populous nearby places:
Borger, TX has a cost of living index of 75, 1.0x Pampa.
City | Population | Cost Of Living | Vs. Pampa |
---|---|---|---|
Borger, TX | 12,612 | 75 | 1.0x |