Cheapest Places To Live in Texas | PropertyClub (2024)

FAQs

Cheapest Places To Live in Texas | PropertyClub? ›

Based on our research, Wichita Falls, TX is the cheapest major city to buy a house. If you're looking to purchase a home, you might want to consider this Texas city. Wichita Falls also had the cheapest cost of transportation out of all the more populated cities on the list.

Based on our research, Wichita Falls, TX is the cheapest major city to buy a house. If you're looking to purchase a home, you might want to consider this Texas city. Wichita Falls also had the cheapest cost of transportation out of all the more populated cities on the list.

Lower Taxes

One reason contributing to a lower cost of living and affordable housing is that Texas has no state income tax. Texas is one of seven states in the U.S. to not have an income tax.

Texas is actually one of the more affordable states in the country. Compared to national averages, living expenses here tend to be cheaper — though how much cheaper varies based on where you choose to live in the state.

1. Trophy Club. The safest city in Texas is Trophy Club, which has a crime rate that is 87% below the state average. Though this small town was originally developed as a rural getaway for Dallas residents, Trophy Club has become well-known for its livability over recent years.

Cedar Park. According to the study, Cedar Park was considered the most affordable place to live in the south, and in the United States as a whole, ranking at No. 1. “It has excellent wages, with a median income 22.2% higher than the U.S. median income.

Fort Wayne, Indiana, was named the city with the lowest cost of living for 2022.

The Affordable Communities of Texas (ACT) program is a statewide land banking and land trust initiative which assists local nonprofit and governmental entities with the acquisition and redevelopment of distressed properties. To date, TSAHC has developed partnerships with more than 25 housing based organizations.

How much money do you need to live comfortably in Texas? ›

With that in mind, a good salary in Texas is between $55K and $73K. To live comfortably anywhere, it helps to track your spending and saving with SoFi Insights. The free budget app also provides credit score monitoring.

Warm and tax-friendly, living in Texas is a great idea. With many diverse cities and endless job opportunities, Texas is a popular destination for young professionals, families, and retirees. Compared to living in Florida, Texas is slightly cheaper and just as warm as the sunshine state.

What salary do you need to live in Texas? A single person needs a salary of at least $30,780 to cover all of their bills in Texas. If you have a working spouse to split living expenses with, you'll only need to earn $23,155 per year. Families with kids need a slightly higher income to get by.

Florida has a higher cost of living index than Texas across most categories. This is consistent with the fact that Floridians need a higher living wage to survive. Not only is Texas 8% cheaper than Florida overall, but housing, utilities and groceries all cost significantly less in the Lone Star State.

Odessa. Odessa makes it to the top of the list as 'the most dangerous city in Texas,' with a significantly higher crime rate than the national average. Known for its oil production and cowboy culture (yeehaw,) Odessa also struggles with widespread poverty, which often leads to criminal activity.

WalletHub, a personal finance website, released its study on 2023's Most Overweight and Obese Cities in the U.S. McAllen was ranked as the fattest city in the US in the study. Researchers looked at 19 key metrics in 100 of the nation's most populous metro areas, from physical activity to obesity to healthy eating.

The Centers for Disease Control says that the firearm death rate in California in 2020, the latest data available, was 8.5 per 100,000 people. In Texas the rate was 14.2. WalletHub ranked California last year the nation's 27th safest state. Texas is 47th.

Is McAllen TX a safe place to live? ›

McAllen is the third ranking safest city in the country for 2023 according to SmartAsset.com's Top 10 Safest Cities list. The financial website analyzed a core set of common safety factors to identify and rank the safest cities in America, looking at data from 200 of the largest cities.

Property crime is at 43 in Houston and 36.5 in Dallas, compared to the 35 national average. So, we can conclude that both cities are a bit less safe than others in the US due to the higher property crime rates. That said, Dallas is still slightly safer than Houston.

According to their list, one of the healthiest cities in Texas is Austin, which ranked #14. Among the unhealthiest cities, Brownsville comes in at #182. Houston was 94, San Antonio 99, Laredo 174, and Corpus Christi 173.

El Paso. El Paso is often ranked as the cheapest place to retire in Texas, but it also gets high marks for the overall happiness rating of its residence. You'll get access to high-quality healthcare, recreation, and cultural attractions.

'Cheapest' places to buy land in US (five acres)

Among the least expensive areas to buy five acres of land, Hudspeth County, Texas tops the report category with the lowest price for five acres of land listed at $1,200.

Is Texas expensive to live in? No, Texas is veyr affordable relative to other states in the U.S. In fact, the average cost of living there is 8% lower than the national average, according to a Cost of Living Index.

Average Cost of Living in Texas: $45,114 per year

So how much does it cost to live in Texas? According to 2021 data from the Bureau of Economic Analysis the average total personal consumption cost in Texas is $45,114 per year. Here's how that breaks down. That's $3,760 a month, per person, on average.

Why is it so cheap to live in Texas? ›

There are plenty of building supplies available for new homes. The cost of living is affordable, the state has low tax rates, and it has a strong economy. These reasons and more make Texas a cheap state and a great place to live. What is this?

$13.11 is the 25th percentile. Wages below this are outliers. $26.43 is the 75th percentile.

The nation's median household income was $70,784 in 2021, according to census data. In Texas, you need to make between $44,865 and $133,926 to fall into middle class.

Texas ranks number 46 out of 50 states nationwide for $18 An Hour job salaries.

AUSTIN (KXAN) — More people are moving to Dallas, Houston and San Antonio than Austin, according to a new moving company report. PODS Moving & Storage analyzed data from nearly half a million customers who relocated between January 2021 and March 2022.

Cost of Living in California vs. Texas. In Texas, you can get a lot more bang for your buck. A MyMove study evaluating the cost of living in the United States in 2022 shows that California has a cost index of 151.7, while Texas has a cost index of only 91.5.

Cost of Living in Texas Can Be Affordable

Why move to Texas? Potentially saving money on taxes is only the start. The cost of living may be significantly lower than other areas of the country. You could pay less for housing, food, healthcare, services and energy.

What is the cheapest state to live in by yourself? ›

Albuquerque, New Mexico, ranks as the most affordable city in the country for single renters. Studio apartments in Albuquerque go for a median price of $700, and the average single person would only need to spend 15.33% of their income to afford one.

As of August 2022, Mississippi is the least expensive state to live in, according to worldpopulationreview.com. The Magnolia State has a cost of living index of 83.3.

According to several studies on cost of living, Hawaii is the most expensive U.S. state to live in. Prices are typically double in Hawaii compared to those on the mainland, and the continued rise in inflation is making costs ranging from housing to health care much more expensive.

Florida is the hottest state in the US, with an average temperature of 73.4 °F. Louisiana is the second hottest state, with an average temperature of 68.5 °F, followed by Texas, the third hottest state, with an average temperature of 68 °F.

Cost Of Living

If you are a home buyer, you will pay more to purchase a home in Florida than in Texas. The median sales price of a home in Florida in Q1 of 2021 was $317,500 versus Texas at $274,000 in the same time period. If you rent, this difference will trickle down to you as a renter.

You'll have to plan carefully so that you visit Texas during the winter months that are likely to bring about snowfall. These months include December, January, and February.

1. Austin, Texas. Austin is an amazing city to live in — if what it offers is what you're looking for.

1. Fredericksburg, TX. Fredericksburg is one of the best small towns in Texas. It's known for its strong German influence, delicious peaches, and outstanding local wineries — which makes sense since it's located in the heart of Texas wine country.

Houston, Texas

Perhaps those factors led to its high ranking on the Milken index for job growth. The Houston city area also scored high on Policom's index for economic strength that looks at consistent economic growth over time.

In its report, Niche also ranked the cheapest places to live in the U.S. At the top of the list this year is Brownsville, Texas. Brownsville has been steadily rising in Niche's Lowest Cost of Living ranking over the past few years, placing number six in 2021, number three in 2022 and finally, number one in 2023.

What is the number 1 best place to live in Texas? ›

1. Austin, Texas. Austin is an amazing city to live in — if what it offers is what you're looking for.

If you're seeking a peaceful haven to call home, look no further than Plano, Texas. Nestled in the Dallas-Fort Worth metroplex, this charming suburb has been hailed as one of the most serene cities in the entire country.

Austin has the best retirement homes in Texas and the most high-quality hospitals per 100,000 residents, so you'll have access to great health care with little worry about capacity. Home values are high in Austin after years of steep growth, but utility costs are relatively low, and you get a lot for your money.

Rather, Alabama is the most affordable state to retire in, according to WalletHub's “2023 Best States to Retire.” The analysis compared all 50 states across three key categories: health care, quality of life and affordability.

Frisco, Texas

Frisco, Texas, part of the Dallas–Fort Worth metroplex has been ranked the number 1 safest city to live in the U.S. It boasts the fourth-lowest violent crime rate and the sixth-lowest property crime rate.

The three cheapest states to move to in terms of housing costs are: West Virginia, with an average price of $123,000; Mississippi, with an average price of $125,000; and Arkansas, with an average house price of 133,600. You can view the 10 cheapest states to move to below.

Amritsar, Punjab. Amritsar, the city of the famous Golden Temple is ranking on the top among the top 10 cheapest places to live in India for the year 2023. It is one of the most affordable places to live in India. The average cost of living in Amritsar is the least expensive in comparison to the other cities of India.

Where is the best place to live in Texas not too hot? ›

Fort Worth has the fewest muggy days in Texas.

There are about 1/3 of the days with a 65°- 68° dew point (mid-May thru mid-September) with a few of those days at a 70° - 72° dew point. Dallas has just a few more muggy days because it is 200 ft. lower than Fort Worth.

San Antonio

The Alamo City wins out, and for a lot of different reasons, according to the article.