South Padre Island, TX, shows a cost of living slightly below the nationwide average. The overall cost of living index for the island is 94, which is 6% lower than the national average of 100. This makes South Padre Island a cost-effective place for living compared to the country's average.
South Padre Island, Texas, offers a unique living experience with a cost of living index that is slightly below the nationwide average. The overall cost of living index for South Padre Island stands at 93, which is 7% less than the average of 100. This makes it a more affordable destination for those looking to relocate or seeking a vacation home. Housing, one of the largest expenses, has an index of 90, indicating a 10% reduction compared to the national average. This affordability can make homeownership or rental costs more manageable.
The cost of groceries on the island is also slightly lower, with an index of 95, representing a 5% decrease. Utilities follow closely at 97, which is only 3% below the average. Transportation costs, at 95, align closely with the national average, showing minimal difference. Healthcare costs, essential for all, have an index of 98, only 2% below average, ensuring access to quality care without significant financial strain. Miscellaneous costs, including entertainment and personal care, have an index of 92, which is an 8% reduction. Together, these factors contribute to a cost of living that is generally lower than the national average, offering an attractive option for those considering a move or a change in lifestyle.