Cost of Living

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Tyler offers residents efficient government, low taxes, and quality public services. This environment is conducive to thriving businesses and quality of life. Lower-than-average cost of living, combined with high-value housing options, makes the City of Tyler one of the best places to live in the country. 

Cost of Living Index

Tyler’s cost of living index has consistently been between 90-96% of the national average for the past six years. It is currently only 91.9% of the national average, according to the Cost of Living Index for the third quarter of 2020.

UT Tyler Hibbs Institute

The University of Texas at Tyler Hibbs Institute for Business and Economic Research collects our region's data, making this index possible. The Hibbs Institute for Business and Economic Research is a unit of the Soules College of Business at the University of Texas at Tyler. The Institute plays a vital role in supporting the university's mission to become an economic driver of East Texas by providing economic research and analysis.

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people drinking at true vine brewing co
shopping at broadway square mall