Cost of living in Yoakum 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 Yoakum 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 Yoakum is 79, with 100 being the average.
The cost of living index in Yoakum is 0.8x lower than the national average.
Yoakum ranks as the #45 cheapest in Texas out of 405.
Yoakum ranks as the #155 cheapest out of 6,412 in the US.
The median home value in Yoakum is $92,700.
The median income in Yoakum is $42,882.
According to the most recent data on the cost of living, Yoakum has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Texas, Yoakum has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Yoakum ranks as #45 most affordable out of the 405 places we measured in Texas. By definition, that implies Yoakum ranks as the #360 most expensive place in the Lone Star State.
For more reading on life in Yoakum, check out:
Six factors go into calculating the cost of living index in Yoakum. Here is how it fairs on each of the criteria:
The Services index in Yoakum is 90.
The Groceries index in Yoakum is 98.
The Health index in Yoakum is 96.
The Housing index in Yoakum is 46.
The Transportation index in Yoakum is 94.
The Utilities index in Yoakum is 99.
Living Expense | Yoakum | Texas | National Average | |
---|---|---|---|---|
Overall | 79 | 92 | 100 | |
Services | 90 | 96 | 100 | |
Groceries | 98 | 93 | 100 | |
Health | 96 | 93 | 100 | |
Housing | 46 | 84 | 100 | |
Transportation | 94 | 92 | 100 | |
Utilities | 99 | 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 Yoakum is $92,700.
The Median Rent in Yoakum is $765.
The Median Income in Yoakum is $42,882.
The Home Value To Income in Yoakum is 2.2x.
The Rent To Monthly Income in Yoakum is 0.21x.
Statistic | Yoakum | Texas | United States |
---|---|---|---|
Median Home Value | $92,700 | $202,600 | $244,900 |
Median Rent | $765 | $1,146 | $1,163 |
Median Income | $42,882 | $67,321 | $69,021 |
Home Value To Income | 2.2x | 3.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Yoakum. Here's a quick look at the cost of living in the most populous nearby places:
Victoria, TX has a cost of living index of 91, 1.2x Yoakum.
Cuero, TX has a cost of living index of 80, 1.0x Yoakum.
Gonzales, TX has a cost of living index of 81, 1.0x Yoakum.
City | Population | Cost Of Living | Vs. Yoakum |
---|---|---|---|
Victoria, TX | 65,643 | 91 | 1.2x |
Cuero, TX | 8,200 | 80 | 1.0x |
Gonzales, TX | 7,138 | 81 | 1.0x |