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2024 BEA RPP All 4 categories Federal source

Tyler, TX

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

CBSA: 46340 · Data year: 2024 · Rank: #238 of 387

Tyler, TX has a cost of living index of 92.2, meaning it's 7.8% less expensive than the national average. Goods cost 6.2% less, services 17.1% less, and rents are 20.1% below average. A $100K national salary has the purchasing power of $108,512 here.

What the Numbers Mean for Tyler

Tyler ranks #238 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 92.2, Tyler, TX is 7.8% less expensive than the national baseline of 100. The gap between Tyler's most and least expensive categories — the priciest line item versus rents at 79.9 — 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 $108,512 inside Tyler, while a household needs roughly $92,156 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 79.9 — 20.1% 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, Tyler's overall index has fallen by 3.8 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.8 and services at 82.9, meaning everyday spending in Tyler 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.

Tyler Cost Index at a Glance

Tyler all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10092.2

Tyler category breakdown

BEA RPP composition by goods, services, rents, overall

Rents79.911Services82.904Goods93.757Overall92.156

Price Index Summary

Overall

92.2

-7.8 below avg

Goods

93.8

-6.2 below avg

Services

82.9

-17.1 below avg

Rents

79.9

-20.1 below avg

Price Index vs National Average (100)

Overall
National avg

Index 92.2 (-7.8 vs national avg)

Goods
National avg

Index 93.8 (-6.2 vs national avg)

Services
National avg

Index 82.9 (-17.1 vs national avg)

Rents
National avg

Index 79.9 (-20.1 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -20.1% (79.9)
Services -17.1% (82.9)
Overall -7.8% (92.2)
Goods -6.2% (93.8)

Income Adequacy in Tyler

Tyler income adequacy score

$75,000 median income vs RPP 92.2

0/100100/100100/100

Salary Equivalent

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

$92,156

in Tyler, TX purchasing power

$50,000 nationally
$46,078
$75,000 nationally
$69,117
$125,000 nationally
$115,195
$150,000 nationally
$138,234
$200,000 nationally
$184,312

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.8 points over this period.

Year Overall
2008 95.9
2009 95.4
2010 97.4
2011 96.8
2012 95.9
2013 97.6
2014 95.5
2015 96.7
2016 97.0
2017 95.2
2018 93.4
2019 94.5
2020 95.4
2021 94.5
2022 92.0
2023 93.0
2024 92.2

Metros with Similar Cost of Living

These metros have an overall RPP closest to Tyler, TX's index of 92.2.

Related Data for Tyler

Frequently Asked Questions

What is the cost of living in Tyler, TX?
Tyler, TX has a Regional Price Parity (RPP) index of 92.2, meaning it is 7.8% less expensive than the national average. Goods are indexed at 93.8, services at 82.9, and rents at 79.9. It ranks #238 out of 387 U.S. metro areas by overall cost.
What salary do I need in Tyler, TX to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $92,156 in Tyler, TX. Conversely, $100K earned in Tyler, TX has the purchasing power of $108,512 at the national average.
How expensive is rent in Tyler, TX?
Rents in Tyler, TX are indexed at 79.9, which is 20.1% below the national average. This makes the area relatively affordable for renters.
Is Tyler, TX getting more expensive?
From 2008 to 2024, Tyler, TX's overall cost index changed by -3.8 points (from 95.9 to 92.2). The cost of living has been declining.
What metros have a similar cost of living to Tyler, TX?
Metros with the most similar overall cost index include Rockford, Memphis, Twin Falls. These areas have RPP values within a few points of Tyler, TX's 92.2.

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