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Mapping cost of living across 32 Texas citiesMapping cost of living across 32 Texas citieshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=21672014-12-16T06:56:00Z2014-12-16T07:00:00Z

TEXAS - Home affordability rankings for 32 large and midsize Texas cities have been released by fixr, according to Texas Monthly.

Cities are grouped into affordability brackets — based on annual household income and realistic cost of living — and then sorted by discretionary income, which is the yearly amount remaining from earnings after covered expenses.

Annual household income draws on data from the Bureau of Labor Statistics, and the realistic cost of living derives from our formula of seven factors — housing, food, utilities, child care, taxes, health care and transportation. The full methodology is available here.

Below are the top three cities for a working class family, middle class couple, and upper middle class family.

Working Class Family
  (seeking 1,500 sf with three or four bedrooms)
City Income Expenses Discretionary
Income
Killeen $60,200 $57,468 $2,733
Wichita Falls $60,200 $57,952 $2,249
Abilene $60,200 $58,327 $1,874

 

Middle Class Couple
  (seeking 1,700 sf with two or three bedrooms)
City Income Expenses Discretionary
Income
Killeen $87,701 $54,768 $32,934
Mesquite $90,540 $58,731 $31,810
Fort Worth $90,513 $58,794 $31,719

 

Upper Middle Class Family
  (seeking 2,100 sf with three or four bedrooms)
City Income Expenses Discretionary
Income
Houston $233,553 $160,017 $73,537
Pasadena $232,411 $159,332 $73,080
Beaumont $216,700 $147,376 $69,325


See more categories, cities and full rankings with explanations at fixr.

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