Cost of Living in Abilene, TX

Population 127,130 · Texas · Data vintage 2023

69
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Abilene cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $179,000, rents near $1,106 a month. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.

Cost Overview

Housing 59
Rent 84

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Abilene

The median home value in Abilene is $178,900 — 41% below the national median of $305,000. Median rent runs $1,106/month, 16% lower than the national median of $1,314/month. The median household income of $62,720/year is 16% lower than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.2°F and lows of 53.7°F, with about 3.7" of annual snowfall. Overall, Abilene has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.

🏠 Housing

Median Home Value
$178,900
41% below avg
Zillow Home Value
$206,198
Zillow ZHVI
Median Rent
$1,106/mo
16% below avg
Zillow Rent
$1,758/mo
Zillow ZORI
Price-to-Rent Ratio
13.5x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 55.6%
Renter-occupied 44.4%

💰 Estimated Monthly Budget

Rent median rent
$1,106
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,720/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
16.6 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.9%

Commute Mode

Drove alone
77.8%
Carpooled
10.0%
Public transit
0.5%
Walked
2.2%
Bicycle
0.7%
Work from home
7.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$62,720
16% below avg
Per Capita Income
$31,019
Unemployment Rate
2.7%
44% below avg
Poverty Rate
14.8%
Labor Force Participation
62.1%

🎓 Education

Bachelor's degree+ 17.6%
Graduate degree 9.5%

👥 Demographics

Median Age 32.8
Male median age 32.4
Female median age 33.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.2°F
Avg Low
53.7°F
Annual Precip
25.2"
Annual Snowfall
3.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596371798693969689796859
Low °F 343745536270737265554335
Precip" 1.101.291.731.863.213.441.922.532.672.831.401.26
Snow" 0.71.00.10.30.00.00.00.00.00.00.70.9

Frequently Asked Questions

What is the cost of living in Abilene, TX?

Abilene has a cost index of 69 (100 = national average). It is 31% below the national average.

What is average rent in Abilene, TX?

The median gross rent in Abilene is $1,106 per month based on 2023 Census data.

What is the average home price in Abilene?

The median home value in Abilene is $178,900 according to Zillow and Census data.

What is the median income in Abilene?

The median household income in Abilene is $62,720 per year (2023 ACS 5-year estimates).

What is the sales tax in Abilene, TX?

The combined state and local sales tax rate in Abilene is 8.2%. Texas has no state income tax.

Is Abilene, TX affordable?

Yes, Abilene is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.

What is the weather like in Abilene?

Abilene has average high temperatures of 78.2°F and average lows of 53.7°F. Annual precipitation is 25.2". Average annual snowfall is 3.7". Data from NOAA 1991–2020 Climate Normals.

Abilene at a Glance

Population
127,130
Median Income
$62,720
Home Value
$178,900
Median Rent
$1,106/mo
Unemployment
2.7%
Avg High Temp
78.2°F
Sales Tax
8.2%
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