Cost of Living in Caldwell, TX

Population 4,238 · Texas · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Caldwell can reasonably expect a home to cost less than three years of household income — $192,000 against $74,764 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 0.0% — below most comparable cities in the state.

Caldwell sits roughly 25 miles west of College Station — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 41% lower than College Station's $327,000.

Cost Overview

Housing 63
Rent 65

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

About the Cost of Living in Caldwell

The median home value in Caldwell is $191,900 — 37% below the national median of $305,000. Median rent runs $850/month, 35% lower than the national median of $1,314/month. The median household income of $74,764/year is equal to than the US median of $74,580. The local unemployment rate is 0.0%, 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 79.8°F and lows of 59.0°F. Overall, Caldwell has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$191,900
37% below avg
Zillow Home Value
$280,776
Zillow ZHVI
Median Rent
$850/mo
35% below avg
Price-to-Rent Ratio
18.8x
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 70.7%
Renter-occupied 29.3%

💰 Estimated Monthly Budget

Rent median rent
$850
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,464/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
21.5 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.0%

Commute Mode

Drove alone
71.0%
Carpooled
12.5%
Work from home
12.0%

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
$74,764
0% below avg
Per Capita Income
$33,136
Unemployment Rate
0.0%
100% below avg
Poverty Rate
18.2%
Labor Force Participation
55.5%

🎓 Education

Bachelor's degree+ 18.3%
Graduate degree 4.7%

👥 Demographics

Median Age 36.6
Male median age 35.7
Female median age 40.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
79.8°F
Avg Low
59.0°F
Annual Precip
41.8"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 626673798692959791827163
Low °F 414552586673757570605043
Precip" 3.432.903.412.874.604.011.983.103.504.933.313.71

Frequently Asked Questions

What is the cost of living in Caldwell, TX?

Caldwell has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Caldwell, TX?

The median gross rent in Caldwell is $850 per month based on 2023 Census data.

What is the average home price in Caldwell?

The median home value in Caldwell is $191,900 according to Zillow and Census data.

What is the median income in Caldwell?

The median household income in Caldwell is $74,764 per year (2023 ACS 5-year estimates).

What is the sales tax in Caldwell, TX?

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

Is Caldwell, TX affordable?

Yes, Caldwell is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

What is the weather like in Caldwell?

Caldwell has average high temperatures of 79.8°F and average lows of 59.0°F. Annual precipitation is 41.8". Data from NOAA 1991–2020 Climate Normals.

Caldwell at a Glance

Population
4,238
Median Income
$74,764
Home Value
$191,900
Median Rent
$850/mo
Unemployment
0.0%
Avg High Temp
79.8°F
Sales Tax
8.2%
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Explore county-level cost of living data

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