Cost of living in Perryton 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 Perryton 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 Perryton is 80, with 100 being the average.
The cost of living index in Perryton is 0.8x lower than the national average.
Perryton ranks as the #56 cheapest in Texas out of 405.
Perryton ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Perryton is $104,600.
The median income in Perryton is $55,777.
According to the most recent data on the cost of living, Perryton has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Texas, Perryton has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Perryton ranks as #56 most affordable out of the 405 places we measured in Texas. By definition, that implies Perryton ranks as the #349 most expensive place in the Lone Star State.
For more reading on life in Perryton, check out:
Six factors go into calculating the cost of living index in Perryton. Here is how it fairs on each of the criteria:
The Services index in Perryton is 91.
The Groceries index in Perryton is 93.
The Health index in Perryton is 86.
The Housing index in Perryton is 57.
The Transportation index in Perryton is 78.
The Utilities index in Perryton is 93.
Living Expense | Perryton | Texas | National Average | |
---|---|---|---|---|
Overall | 80 | 92 | 100 | |
Services | 91 | 96 | 100 | |
Groceries | 93 | 93 | 100 | |
Health | 86 | 93 | 100 | |
Housing | 57 | 84 | 100 | |
Transportation | 78 | 92 | 100 | |
Utilities | 93 | 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 Perryton is $104,600.
The Median Rent in Perryton is $868.
The Median Income in Perryton is $55,777.
The Home Value To Income in Perryton is 1.9x.
The Rent To Monthly Income in Perryton is 0.19x.
Statistic | Perryton | Texas | United States |
---|---|---|---|
Median Home Value | $104,600 | $202,600 | $244,900 |
Median Rent | $868 | $1,146 | $1,163 |
Median Income | $55,777 | $67,321 | $69,021 |
Home Value To Income | 1.9x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Perryton. Here's a quick look at the cost of living in the most populous nearby places:
Liberal, KS has a cost of living index of 85, 1.1x Perryton.
Guymon, OK has a cost of living index of 81, 1.0x Perryton.
City | Population | Cost Of Living | Vs. Perryton |
---|---|---|---|
Liberal, KS | 19,340 | 85 | 1.1x |
Guymon, OK | 12,804 | 81 | 1.0x |