Cost of Living in Abbott, TX

With a cost of living index of 85, Abbott, TX is a very affordable place to live. Living here is 15% cheaper than the national average and 3% below the Texas state average of 88. Abbott is a small community of 323 residents.

The median household income in Abbott is $98,929, which is 32% higher than the national median of $75,149.

Everyday prices in the Waco, TX (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.