The Cost of Living Index (COLI) measures the relative price levels of consumer goods and services across geographic areas. When applied to wages and salaries, it provides a meaningful estimate of purchasing power—how far income goes in a given location compared to the national average.
Hitchcock (ZIP Code 77563) has a cost of living 7.9% lower than the U.S. average, allowing residents to stretch their income further than in many other parts of the country.
Cost of Living Overview
Key Insights
- Lower Cost of Living: Hitchcock’s index of 92.1 reflects a cost structure below both state and national averages.
- Stronger Buying Power: Residents benefit from higher effective purchasing power, despite slightly lower nominal wages.
- State Alignment: Hitchcock closely mirrors Texas overall, reinforcing its position as an affordable Gulf Coast community.
Source: JobsEQ®
Data Period: 2025 Q4
Cost of Living Index data provided by COLI; values imputed by Chmura where necessary.