Mabank, TX, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Mabank is 89, which is 11% below the national average of 100. This makes it a more affordable place for housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Job seekers may find that their dollars stretch further in Mabank compared to the national average.
Mabank, TX, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Mabank stands at 88, which is 12% below the national average of 100. This lower cost of living makes Mabank an attractive option for those looking to manage their expenses more effectively. Housing costs in Mabank are 15% below the national average, with an index of 85. This means that residents can find more affordable housing options compared to the rest of the country.
In addition to housing, other expenses in Mabank also remain lower than the average. Groceries, for example, have an index of 90, which is 10% less than the national average. Utilities are slightly above the national average at 95, but still only 5% higher. Transportation costs are 12% below the national average, with an index of 88. Healthcare costs are also slightly lower, at 92, which is 8% below the national average. Miscellaneous expenses, such as entertainment and personal care, have an index of 87, which is 13% below the national average. Overall, Mabank provides a more budget-friendly environment for residents.