Mabank, TX, boasts a cost of living that is generally lower than the nationwide average. The cost of living index for Mabank stands at 93, which means residents can expect to spend approximately 7% less than the national average. This favorable cost index makes Mabank an attractive option for those looking to balance living expenses with quality of life.
Breaking down the categories, housing in Mabank costs about 18% less than the national average. Groceries and utilities follow closely behind at about 6% and 2% under the national average, respectively. Transportation expenses are nearly on par, with only a 5% difference, while healthcare costs are identical to the national average. Miscellaneous expenses, however, are about 10% below the national average. This comprehensive analysis highlights Mabank’s affordability across various living costs.
Mabank, Texas, offers a cost of living that is slightly below the nationwide average. Housing costs in Mabank stand at 82, which is 18% lower than the national average of 100. This makes it an attractive option for individuals looking to save on housing expenses. Additionally, groceries in Mabank cost 94, which is 6% lower than the nationwide average. This means that residents can find reasonably priced food options.
Utilities in Mabank are priced at 98, which is 2% below the national average. This slight decrease can help offset some of the living expenses. Transportation costs in Mabank are at 95, 5% under the national average. This indicates that commuting and other transportation needs are more affordable here. Healthcare costs are the same as the national average at 100, providing balanced expectations for medical expenses. Miscellaneous costs are at 90, which is 10% less than the nationwide average. These savings can make a significant difference in overall living expenses.
