Cost of Living in New Boston, TX

Population 4,593 · Texas · Data vintage 2023

42
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives New Boston a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $99,000. At 8.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, New Boston lies roughly 80 miles northwest of the nearest major metro, Shreveport. Median home values run roughly 44% lower than Shreveport's $178,000.

Cost Overview

Housing 32
Rent 57

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in New Boston

The median home value in New Boston is $99,000 — 68% below the national median of $305,000. Median rent runs $746/month, 43% lower than the national median of $1,314/month. The median household income of $57,344/year is 23% lower than the US median of $74,580. The local unemployment rate is 8.0%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. Overall, New Boston has a cost of living index of 42 versus the US average of 100, meaning it is 58% less expensive.

🏠 Housing

Median Home Value
$99,000
68% below avg
Zillow Home Value
$173,220
Zillow ZHVI
Median Rent
$746/mo
43% below avg
Price-to-Rent Ratio
11.1x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 62.6%
Renter-occupied 37.4%

💰 Estimated Monthly Budget

Rent median rent
$746
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,360/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.7 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.8%

Commute Mode

Drove alone
69.7%
Carpooled
21.0%
Walked
1.1%
Work from home
6.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$57,344
23% below avg
Per Capita Income
$38,021
Unemployment Rate
8.0%
65% above avg
Poverty Rate
18.1%
Labor Force Participation
62.4%

🎓 Education

Bachelor's degree+ 13.5%
Graduate degree 8.3%

👥 Demographics

Median Age 37.4
Male median age 37.3
Female median age 37.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
40.5%
Good air days/yr
107
Max AQI recorded
321
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in New Boston, TX?

New Boston has a cost index of 42 (100 = national average). It is 58% below the national average.

What is average rent in New Boston, TX?

The median gross rent in New Boston is $746 per month based on 2023 Census data.

What is the average home price in New Boston?

The median home value in New Boston is $99,000 according to Zillow and Census data.

What is the median income in New Boston?

The median household income in New Boston is $57,344 per year (2023 ACS 5-year estimates).

What is the sales tax in New Boston, TX?

The combined state and local sales tax rate in New Boston is 8.2%. Texas has no state income tax.

Is New Boston, TX affordable?

Yes, New Boston is generally considered affordable, with a cost of living index of 42 — about 58% below the US national average of 100.

New Boston at a Glance

Population
4,593
Median Income
$57,344
Home Value
$99,000
Median Rent
$746/mo
Unemployment
8.0%
Sales Tax
8.2%
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