Cost of Living in Big Lake, TX
Population 3,092 · Texas · Data vintage 2023
(100 = US avg)
Buyers in Big Lake can reasonably expect a home to cost less than three years of household income — $156,000 against $72,067 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. At 9.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 70 miles southeast of Midland, Big Lake is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 48% lower than Midland's $299,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Big Lake
The median home value in Big Lake is $155,500 — 49% below the national median of $305,000. Median rent runs $806/month, 39% lower than the national median of $1,314/month. The median household income of $72,067/year is 3% lower than the US median of $74,580. The local unemployment rate is 9.1%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.0°F and lows of 53.5°F. Overall, Big Lake has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.
Big Lake has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 61 | 65 | 73 | 82 | 89 | 94 | 97 | 97 | 89 | 81 | 69 | 62 |
| Low °F | 34 | 38 | 46 | 53 | 62 | 70 | 72 | 72 | 65 | 54 | 43 | 35 |
| Precip" | 0.92 | 1.20 | 1.48 | 1.47 | 3.05 | 2.31 | 1.10 | 2.42 | 2.51 | 2.42 | 1.16 | 0.89 |
Frequently Asked Questions
What is the cost of living in Big Lake, TX?
Big Lake has a cost index of 55 (100 = national average). It is 45% below the national average.
What is average rent in Big Lake, TX?
The median gross rent in Big Lake is $806 per month based on 2023 Census data.
What is the average home price in Big Lake?
The median home value in Big Lake is $155,500 according to Zillow and Census data.
What is the median income in Big Lake?
The median household income in Big Lake is $72,067 per year (2023 ACS 5-year estimates).
What is the sales tax in Big Lake, TX?
The combined state and local sales tax rate in Big Lake is 8.2%. Texas has no state income tax.
Is Big Lake, TX affordable?
Yes, Big Lake is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.
What is the weather like in Big Lake?
Big Lake has average high temperatures of 80.0°F and average lows of 53.5°F. Annual precipitation is 20.9". Data from NOAA 1991–2020 Climate Normals.
Big Lake at a Glance
- Population
- 3,092
- Median Income
- $72,067
- Home Value
- $155,500
- Median Rent
- $806/mo
- Unemployment
- 9.1%
- Avg High Temp
- 80.0°F
- Sales Tax
- 8.2%
Nearby Cities
Explore county-level cost of living data
Texas Rankings
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