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2024 BEA RPP All 4 categories Federal source

Texarkana, TX-AR

Cost-of-living indicators for Texarkana, TX-AR, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 45500 · Data year: 2024 · Rank: #384 of 387

Texarkana, TX-AR has a cost of living index of 84.0, meaning it's 16.0% less expensive than the national average. Goods cost 6.3% less, services 20.7% less, and rents are 50.1% below average. A $100K national salary has the purchasing power of $119,031 here.

What the Numbers Mean for Texarkana

Texarkana ranks #384 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 84.0, Texarkana, TX-AR is 16.0% less expensive than the national baseline of 100. The gap between Texarkana's most and least expensive categories — the priciest line item versus rents at 49.9 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $119,031 inside Texarkana, while a household needs roughly $84,012 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 49.9 — 50.1% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Texarkana's overall index has fallen by 4.6 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.7 and services at 79.3, meaning everyday spending in Texarkana is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Texarkana Cost Index at a Glance

Texarkana all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10084

Texarkana category breakdown

BEA RPP composition by goods, services, rents, overall

Rents49.885Services79.258Goods93.693Overall84.012

Price Index Summary

Overall

84.0

-16.0 below avg

Goods

93.7

-6.3 below avg

Services

79.3

-20.7 below avg

Rents

49.9

-50.1 below avg

Price Index vs National Average (100)

Overall
National avg

Index 84.0 (-16.0 vs national avg)

Goods
National avg

Index 93.7 (-6.3 vs national avg)

Services
National avg

Index 79.3 (-20.7 vs national avg)

Rents
National avg

Index 49.9 (-50.1 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -50.1% (49.9)
Services -20.7% (79.3)
Overall -16.0% (84.0)
Goods -6.3% (93.7)

Income Adequacy in Texarkana

Texarkana income adequacy score

$75,000 median income vs RPP 84.0

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$84,012

in Texarkana, TX-AR purchasing power

$50,000 nationally
$42,006
$75,000 nationally
$63,009
$125,000 nationally
$105,015
$150,000 nationally
$126,018
$200,000 nationally
$168,024

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 4.6 points over this period.

Year Overall
2008 88.6
2009 86.7
2010 88.4
2011 90.2
2012 89.7
2013 88.6
2014 89.4
2015 90.0
2016 90.3
2017 88.4
2018 87.1
2019 87.8
2020 87.5
2021 87.8
2022 85.3
2023 85.6
2024 84.0

Metros with Similar Cost of Living

These metros have an overall RPP closest to Texarkana, TX-AR's index of 84.0.

Related Data for Texarkana

Frequently Asked Questions

What is the cost of living in Texarkana, TX-AR?
Texarkana, TX-AR has a Regional Price Parity (RPP) index of 84.0, meaning it is 16.0% less expensive than the national average. Goods are indexed at 93.7, services at 79.3, and rents at 49.9. It ranks #384 out of 387 U.S. metro areas by overall cost.
What salary do I need in Texarkana, TX-AR to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $84,012 in Texarkana, TX-AR. Conversely, $100K earned in Texarkana, TX-AR has the purchasing power of $119,031 at the national average.
How expensive is rent in Texarkana, TX-AR?
Rents in Texarkana, TX-AR are indexed at 49.9, which is 50.1% below the national average. This makes the area relatively affordable for renters.
Is Texarkana, TX-AR getting more expensive?
From 2008 to 2024, Texarkana, TX-AR's overall cost index changed by -4.6 points (from 88.6 to 84.0). The cost of living has been declining.
What metros have a similar cost of living to Texarkana, TX-AR?
Metros with the most similar overall cost index include Dothan, Eagle Pass, Enid. These areas have RPP values within a few points of Texarkana, TX-AR's 84.0.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page