Cost of Living in Big Spring, TX
Population 24,769 · Texas · Data vintage 2023
(100 = US avg)
Buyers in Big Spring can reasonably expect a home to cost less than three years of household income — $139,000 against $70,532 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. Unemployment has stayed elevated relative to the national figure — 6.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Big Spring is about 40 miles east of Midland, the nearest large metro. Median home values run roughly 54% lower than Midland's $299,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Big Spring
The median home value in Big Spring is $138,800 — 54% below the national median of $305,000. Median rent runs $1,009/month, 23% lower than the national median of $1,314/month. The median household income of $70,532/year is 5% lower than the US median of $74,580. The local unemployment rate is 6.3%, 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 77.9°F and lows of 51.7°F, with about 2" of annual snowfall. Overall, Big Spring has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
🏠 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 | 58 | 63 | 71 | 79 | 87 | 94 | 96 | 95 | 88 | 79 | 67 | 58 |
| Low °F | 31 | 35 | 42 | 50 | 60 | 68 | 72 | 72 | 64 | 53 | 41 | 33 |
| Precip" | 0.73 | 0.80 | 1.15 | 1.55 | 2.54 | 2.49 | 1.58 | 2.40 | 2.39 | 1.84 | 1.35 | 0.78 |
| Snow" | 0.3 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.7 |
Frequently Asked Questions
What is the cost of living in Big Spring, TX?
Big Spring has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Big Spring, TX?
The median gross rent in Big Spring is $1,009 per month based on 2023 Census data.
What is the average home price in Big Spring?
The median home value in Big Spring is $138,800 according to Zillow and Census data.
What is the median income in Big Spring?
The median household income in Big Spring is $70,532 per year (2023 ACS 5-year estimates).
What is the sales tax in Big Spring, TX?
The combined state and local sales tax rate in Big Spring is 8.2%. Texas has no state income tax.
Is Big Spring, TX affordable?
Yes, Big Spring is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
What is the weather like in Big Spring?
Big Spring has average high temperatures of 77.9°F and average lows of 51.7°F. Annual precipitation is 19.6". Average annual snowfall is 2". Data from NOAA 1991–2020 Climate Normals.
Big Spring at a Glance
- Population
- 24,769
- Median Income
- $70,532
- Home Value
- $138,800
- Median Rent
- $1,009/mo
- Unemployment
- 6.3%
- Avg High Temp
- 77.9°F
- Sales Tax
- 8.2%
Explore county-level cost of living data
Texas Rankings
Similar Cost Cities
Cities in other states with comparable housing costs