Mabank, TX, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Mabank stands at 92, which is 8% lower than the national average of 100. This makes Mabank an attractive option for those seeking more affordable living expenses.
Housing costs in Mabank are notably lower, with an index of 85, representing a 15% decrease from the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show a slight dip, though not as pronounced. This balanced reduction across various sectors makes Mabank a cost-effective choice for many.
Mabank, TX, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Mabank stands at 91, which is 9% below the national average of 100. This lower index suggests that residents can expect to spend less on their daily expenses compared to the average American. Housing costs in Mabank are particularly favorable, with an index of 85, meaning residents pay 15% less than the national average for housing.
In addition to housing, other categories like groceries, utilities, and transportation also reflect lower costs. Groceries have an index of 95, which is 5% below the national average. Utilities are at 90, indicating a 10% savings, while transportation costs are at 92, which is 8% lower. Healthcare costs are slightly above average, with an index of 98, showing a modest 2% increase. Overall, Mabank provides a cost-effective living environment for those considering relocation.
