New investments and recent expansions in the area have helped to create a stable and growing economy for the Longview area. Longview's cost of living hovers around the national average. Average Weekly Wages have increased steadily over the last several decades, as have per capita income and median effective buying income. Texas led the nation in job growth from 2006 to 2009. Unemployment for the Longview Labor Market Draw area is usually under the state and nation's figures.
The Cost of Living Index provides a useful and reasonably accurate measure of living cost differences among urban areas. The Index measures relative price levels for consumer goods and services in participating areas. The National index equals 100, and each city’s index is read as a percentage of the National average. Longview's cost of living is near the national average.
* Source: ACCRA- Cost of Living Index, 2015 Annual report