Cost of Living in Breckenridge, TX

Population 5,182 · Texas · Data vintage 2023

39
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Breckenridge's median household income of $46,989 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (18% here). At 9.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Breckenridge is about 50 miles east of Abilene, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 57% lower than Abilene's $179,000.

Cost Overview

Housing 25
Rent 59

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

About the Cost of Living in Breckenridge

The median home value in Breckenridge is $76,400 — 75% below the national median of $305,000. Median rent runs $775/month, 41% lower than the national median of $1,314/month. The median household income of $46,989/year is 37% lower than the US median of $74,580. The local unemployment rate is 9.8%, 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 77.5°F and lows of 52.8°F. Overall, Breckenridge has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.

🏠 Housing

Median Home Value
$76,400
75% below avg
Zillow Home Value
$653,447
Zillow ZHVI
Median Rent
$775/mo
41% below avg
Price-to-Rent Ratio
8.2x
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 66.7%
Renter-occupied 33.3%

💰 Estimated Monthly Budget

Rent median rent
$775
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,389/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
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.4%

Commute Mode

Drove alone
66.2%
Carpooled
24.1%
Walked
2.3%
Work from home
4.4%

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
$46,989
37% below avg
Per Capita Income
$26,343
Unemployment Rate
9.8%
103% above avg
Poverty Rate
18.4%
Labor Force Participation
62.1%

🎓 Education

Bachelor's degree+ 13.2%
Graduate degree 3.0%

👥 Demographics

Median Age 37
Male median age 31.2
Female median age 43.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.5°F
Avg Low
52.8°F
Annual Precip
31.8"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586271788592969689796759
Low °F 333745526168717164534334
Precip" 1.592.192.982.634.003.552.132.492.663.282.411.89

Frequently Asked Questions

What is the cost of living in Breckenridge, TX?

Breckenridge has a cost index of 39 (100 = national average). It is 61% below the national average.

What is average rent in Breckenridge, TX?

The median gross rent in Breckenridge is $775 per month based on 2023 Census data.

What is the average home price in Breckenridge?

The median home value in Breckenridge is $76,400 according to Zillow and Census data.

What is the median income in Breckenridge?

The median household income in Breckenridge is $46,989 per year (2023 ACS 5-year estimates).

What is the sales tax in Breckenridge, TX?

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

Is Breckenridge, TX affordable?

Yes, Breckenridge is generally considered affordable, with a cost of living index of 39 — about 61% below the US national average of 100.

What is the weather like in Breckenridge?

Breckenridge has average high temperatures of 77.5°F and average lows of 52.8°F. Annual precipitation is 31.8". Data from NOAA 1991–2020 Climate Normals.

Breckenridge at a Glance

Population
5,182
Median Income
$46,989
Home Value
$76,400
Median Rent
$775/mo
Unemployment
9.8%
Avg High Temp
77.5°F
Sales Tax
8.2%
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