GITNUX REPORT 2024

Affordable Texas Cities: Housing Prices, Cost of Living Data Revealed

Discover the Most Affordable Cities in Texas with Median Home Prices, Cost of Living, and more.

Author: Jannik Lindner

First published: 7/17/2024

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Midland's average monthly daycare cost is $846

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Laredo's average monthly childcare cost for an infant is $628

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Waco's average monthly daycare cost for a preschooler is $561

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Wichita Falls' average monthly childcare cost for an infant is $595

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Odessa's average monthly childcare cost for a preschooler is $530

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Brownsville has a poverty rate of 26.8%

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Wichita Falls has an unemployment rate of 4.5%

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Abilene's average monthly student loan payment is $222

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San Angelo's grocery costs are 8% below the national average

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San Angelo's average restaurant meal cost is $12

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Lubbock's average monthly food cost for a family of four is $887

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Laredo's average monthly grocery bill for a family of four is $771

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McAllen's average monthly food cost for a single person is $323

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Amarillo's average monthly food cost for a family of four is $892

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Amarillo's average monthly healthcare cost for a family of four is $1,655

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McAllen's average monthly gym membership fee is $28

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Odessa's average annual healthcare spending per capita is $6,998

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McAllen's average monthly prescription drug cost is $50

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Midland's average monthly health insurance premium for an individual is $456

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Killeen's average annual healthcare spending per capita is $7,209

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Corpus Christi's average monthly gym membership fee is $35

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Wichita Falls' average monthly health insurance premium for a family is $1,152

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Amarillo has a median home price of $155,000

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Wichita Falls has a median rent of $784 per month

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McAllen's median home value is $129,600

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Laredo's median property tax rate is 2.04%

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Lubbock's average annual property tax payment is $2,321

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Brownsville's median rent for a 1-bedroom apartment is $650

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Corpus Christi's average home insurance premium is $1,784 per year

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Waco's median home price increased by 11.2% in 2020

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Wichita Falls' median home value increased by 8.5% in 2020

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San Angelo's average annual property tax is 1.97% of home value

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Beaumont's average annual homeowners insurance premium is $1,945

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Odessa's median rent increased by 5.8% in 2020

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Amarillo's average annual property tax payment is $2,089

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San Angelo's median home price increased by 9.7% in 2020

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Beaumont's median property tax rate is 1.81%

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Midland's median home value increased by 3.5% in 2020

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Abilene's median rent for a 2-bedroom apartment is $906

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Abilene's median household income is $50,659

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Odessa's median household income is $63,829

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Killeen's median household income increased by 3.2% in 2020

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Lubbock's cost of living is 12% below the national average

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Tyler has a cost of living index of 87.8

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Brownsville's average monthly entertainment expenses are $209

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Beaumont's average gas price is $2.55 per gallon

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Corpus Christi's average monthly car insurance premium is $128

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Killeen's average monthly public transportation pass costs $30

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Amarillo's average annual car insurance premium is $1,339

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Tyler's average annual vehicle registration fee is $50.75

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Brownsville's average monthly car payment is $563

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Tyler's average annual car insurance rate is $1,452

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Lubbock's average annual vehicle registration fee is $50.75

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Killeen's average energy bill is $147.65 per month

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Waco's average monthly utilities cost is $152.06

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Abilene's average monthly internet cost is $60

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Beaumont's average monthly water bill is $35

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Tyler's average monthly cell phone bill is $114

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Midland's average monthly electricity bill is $135

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Corpus Christi's average monthly internet cost is $65

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Lubbock's average monthly utility bill (electricity, heating, water, garbage) is $169

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Abilene's average monthly gas bill is $80

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Laredo's average monthly electricity consumption is 1,174 kWh

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Waco's average monthly internet cost is $62

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Summary

  • Amarillo has a median home price of $155,000
  • Lubbock's cost of living is 12% below the national average
  • Wichita Falls has a median rent of $784 per month
  • Abilene's median household income is $50,659
  • San Angelo's grocery costs are 8% below the national average
  • Brownsville has a poverty rate of 26.8%
  • Killeen's average energy bill is $147.65 per month
  • McAllen's median home value is $129,600
  • Beaumont's average gas price is $2.55 per gallon
  • Corpus Christi's average monthly car insurance premium is $128
  • Laredo's median property tax rate is 2.04%
  • Tyler has a cost of living index of 87.8
  • Waco's average monthly utilities cost is $152.06
  • Odessa's median household income is $63,829
  • Midland's average monthly daycare cost is $846

Looking to stretch your dollar in the Lone Star State? From Amarillos wallet-friendly median home price of $155,000 to Corpus Christis average monthly car insurance premium of $128, Texas boasts a variety of affordable cities to call home. Whether youre eyeing Lubbocks cost of living 12% below the national average or Killeens average energy bill of $147.65 per month, this list has something for every frugal Texan. So buckle up and get ready to explore the most budget-friendly cities in the Lone Star State – because in Texas, saving money is always in style.

Childcare Costs

  • Midland's average monthly daycare cost is $846
  • Laredo's average monthly childcare cost for an infant is $628
  • Waco's average monthly daycare cost for a preschooler is $561
  • Wichita Falls' average monthly childcare cost for an infant is $595
  • Odessa's average monthly childcare cost for a preschooler is $530

Interpretation

In the Lone Star State's childcare cost rodeo, Midland takes the bull by the horns with its high-octane average monthly daycare cost, making it clear that raising a little cowpoke comes with a hefty price tag. While Laredo and Wichita Falls offer some respite for parents with their more reasonable rates, it seems like Waco and Odessa are rocking the budget-friendly bucking broncos, proving that in Texas, even childcare costs can be as unpredictable as a tumbleweed in a dust storm. Let's hope these cities can lasso in some affordability for families looking to wrangle their way through the childcare corral.

Economic Indicators

  • Brownsville has a poverty rate of 26.8%
  • Wichita Falls has an unemployment rate of 4.5%
  • Abilene's average monthly student loan payment is $222

Interpretation

While some may view these statistics as gloomy snapshots of economic hardship, one could also argue that these figures paint a unique picture of resilience and determination within the Most Affordable Cities in Texas. Brownsville's high poverty rate underscores the daily struggles many residents face, yet it also highlights their tenacity in navigating these challenges. Wichita Falls' low unemployment rate speaks to a community where job opportunities are available, while Abilene's manageable student loan payments suggest a population that values education and invests in their future despite financial constraints. In this tapestry of adversity and perseverance, these cities shine as beacons of unwavering spirit and resourcefulness.

Food and Groceries

  • San Angelo's grocery costs are 8% below the national average
  • San Angelo's average restaurant meal cost is $12
  • Lubbock's average monthly food cost for a family of four is $887
  • Laredo's average monthly grocery bill for a family of four is $771
  • McAllen's average monthly food cost for a single person is $323
  • Amarillo's average monthly food cost for a family of four is $892

Interpretation

In the Lone Star state, where everything is bigger, it seems that some wallets can stay a little fuller. From the bargain bites in San Angelo to the hearty spreads in Amarillo, the state of Texas serves up a diverse menu of affordability when it comes to groceries and dining. Whether you're wrangling the family for a feast in Lubbock or flying solo in McAllen, these numbers show that in Texas, you can fill your belly without emptying your pockets. So grab a fork and dig in – the savings are on the menu!

Healthcare Costs

  • Amarillo's average monthly healthcare cost for a family of four is $1,655
  • McAllen's average monthly gym membership fee is $28
  • Odessa's average annual healthcare spending per capita is $6,998
  • McAllen's average monthly prescription drug cost is $50
  • Midland's average monthly health insurance premium for an individual is $456
  • Killeen's average annual healthcare spending per capita is $7,209
  • Corpus Christi's average monthly gym membership fee is $35
  • Wichita Falls' average monthly health insurance premium for a family is $1,152

Interpretation

In the Lone Star State's financial rodeo, Amarillo keeps healthcare costs lassoed at $1,655 a month for a family of four, while McAllen offers a bargain gym membership for just $28 monthly. Meanwhile, Odessa's citizens fork out a rugged $6,998 per year for healthcare per person, while Midland residents pay $456 a month for individual health insurance coverage. Killeen's annual healthcare spending gallops at $7,209 per capita, and Wichita Falls saddles families with a hefty $1,152 monthly health insurance premium. Amidst all this, Corpus Christi pumps iron at a moderate $35 monthly gym fee. Yeehaw for financial health in the Wild West of Texas!

Housing Costs

  • Amarillo has a median home price of $155,000
  • Wichita Falls has a median rent of $784 per month
  • McAllen's median home value is $129,600
  • Laredo's median property tax rate is 2.04%
  • Lubbock's average annual property tax payment is $2,321
  • Brownsville's median rent for a 1-bedroom apartment is $650
  • Corpus Christi's average home insurance premium is $1,784 per year
  • Waco's median home price increased by 11.2% in 2020
  • Wichita Falls' median home value increased by 8.5% in 2020
  • San Angelo's average annual property tax is 1.97% of home value
  • Beaumont's average annual homeowners insurance premium is $1,945
  • Odessa's median rent increased by 5.8% in 2020
  • Amarillo's average annual property tax payment is $2,089
  • San Angelo's median home price increased by 9.7% in 2020
  • Beaumont's median property tax rate is 1.81%
  • Midland's median home value increased by 3.5% in 2020
  • Abilene's median rent for a 2-bedroom apartment is $906

Interpretation

In a state where everything is famously bigger, these lesser-known cities in Texas are proving that affordability doesn't have to come at the cost of quality. From Amarillo's budget-friendly homes to McAllen's wallet-friendly rentals, it seems that the Lone Star State has some hidden gems for those looking to stretch their budget. With median prices, tax rates, and home values that won't break the bank, these cities are making a strong case for why everything really is better in Texas, especially when it comes to your wallet. So whether you're eyeing Corpus Christi's affordable home insurance or Beaumont's reasonable property taxes, these cities are showing that you can have your Texan cake and eat it too - with some spare change left over for a round of barbecue.

Income

  • Abilene's median household income is $50,659
  • Odessa's median household income is $63,829
  • Killeen's median household income increased by 3.2% in 2020

Interpretation

While Abilene, Odessa, and Killeen may be known for their affordability, these statistics paint a picture of contrasting economic landscapes. With Abilene offering a median household income of $50,659 and Odessa surpassing it at $63,829, one might say residents in Odessa are "Odessa-lutely" doing better financially. However, let's not forget about Killeen, where the median household income saw a 3.2% increase in 2020, proving that even in the most affordable cities, economic growth is possible. So, whether you're counting your dollars in Abilene, Odessa, or Killeen, one thing's for sure: the Lone Star State continues to shine bright on a diverse spectrum of affordability and income levels.

Overall Affordability

  • Lubbock's cost of living is 12% below the national average
  • Tyler has a cost of living index of 87.8
  • Brownsville's average monthly entertainment expenses are $209

Interpretation

In the Lone Star State's game of affordability, Lubbock is the reigning champ with a cost of living that's as delicious as its barbecue, coming in 12% below the national average. Tyler follows closely behind, strutting its stuff with a cost of living index of 87.8, proving that it takes more than just rose gardens to thrive economically. Meanwhile, down in Brownsville, residents are enjoying a budget-friendly entertainment scene, with average monthly expenses clocking in at a wallet-loving $209. Looks like saving money is truly an art form in the great state of Texas – yeehaw!

Transportation Costs

  • Beaumont's average gas price is $2.55 per gallon
  • Corpus Christi's average monthly car insurance premium is $128
  • Killeen's average monthly public transportation pass costs $30
  • Amarillo's average annual car insurance premium is $1,339
  • Tyler's average annual vehicle registration fee is $50.75
  • Brownsville's average monthly car payment is $563
  • Tyler's average annual car insurance rate is $1,452
  • Lubbock's average annual vehicle registration fee is $50.75

Interpretation

In a Texan twist on the age-old debate between penny-pinching practicality and freewheeling extravagance, these affordable cities paint a chiaroscuro picture of budget-conscious living. From the thrifty souls in Killeen riding the public transit waves for a mere $30 a month to the suave savers in Amarillo shelling out $1,339 annually for car insurance, each city showcases its own fiscal flair. So, whether you're navigating the traffic in Tyler with its $50.75 vehicle registration fee or cruising the streets of Brownsville with a $563 monthly car payment, one thing's for sure in the Lone Star State - there's a frugal paradise for every wallet. Choose wisely, dear Texan, for in this mix of gas prices, insurance premiums, and registration fees lies the secret to true Lone Star financial freedom.

Utilities

  • Killeen's average energy bill is $147.65 per month
  • Waco's average monthly utilities cost is $152.06
  • Abilene's average monthly internet cost is $60
  • Beaumont's average monthly water bill is $35
  • Tyler's average monthly cell phone bill is $114
  • Midland's average monthly electricity bill is $135
  • Corpus Christi's average monthly internet cost is $65
  • Lubbock's average monthly utility bill (electricity, heating, water, garbage) is $169
  • Abilene's average monthly gas bill is $80
  • Laredo's average monthly electricity consumption is 1,174 kWh
  • Waco's average monthly internet cost is $62

Interpretation

In an electrifying twist of budget-friendly fate, Texas cities are revealing their thrifty secrets through their average monthly bills. Killeen keeps the lights on for a cool $147.65 while Abilene maneuvers the web for just $60. In Waco, they're surfing the internet on a budget at $62 a month. Meanwhile, Beaumont's water bill floats in at a refreshing $35 and Tyler keeps connected for $114. Midland's electricity might pack a punch at $135, but Corpus Christi stays online for $65. Lubbock's juggling act of utilities comes in at $169, while Abilene remains warm and cozy at $80 for gas. Laredo, the electricity champion, consumes 1,174 kWh a month, proving that in the Lone Star State, affordability is the real star of the show.

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