Cost of Living in Crane, TX

Population 3,304 · Texas · Data vintage 2023

50
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Crane can reasonably expect a home to cost less than three years of household income — $128,000 against $69,083 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 2.9% — below most comparable cities in the state.

Crane is about 35 miles south of Odessa, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 38% lower than Odessa's $208,000.

Cost Overview

Housing 42
Rent 62

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

About the Cost of Living in Crane

The median home value in Crane is $128,400 — 58% below the national median of $305,000. Median rent runs $817/month, 38% lower than the national median of $1,314/month. The median household income of $69,083/year is 7% lower than the US median of $74,580. The local unemployment rate is 2.9%, 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 79.6°F and lows of 52.0°F. Overall, Crane has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.

🏠 Housing

Median Home Value
$128,400
58% below avg
Zillow Home Value
$132,350
Zillow ZHVI
Median Rent
$817/mo
38% below avg
Price-to-Rent Ratio
13.1x
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 75.6%
Renter-occupied 24.4%

💰 Estimated Monthly Budget

Rent median rent
$817
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,431/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
31.0 min
15% above avg
Gas Price
$3.145/gal
0% below avg
0

Commute Mode

Drove alone
86.0%
Carpooled
12.2%
Public transit
0.9%

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
$69,083
7% below avg
Per Capita Income
$33,176
Unemployment Rate
2.9%
40% below avg
Poverty Rate
9.5%
Labor Force Participation
66.8%

🎓 Education

Bachelor's degree+ 12.1%
Graduate degree 3.8%

👥 Demographics

Median Age 34.5
Male median age 41.3
Female median age 33.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
79.6°F
Avg Low
52.0°F
Annual Precip
13.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 606574828996979589806960
Low °F 323644526070717063534033
Precip" 0.610.400.640.641.091.641.911.942.121.120.730.54

Frequently Asked Questions

What is the cost of living in Crane, TX?

Crane has a cost index of 50 (100 = national average). It is 50% below the national average.

What is average rent in Crane, TX?

The median gross rent in Crane is $817 per month based on 2023 Census data.

What is the average home price in Crane?

The median home value in Crane is $128,400 according to Zillow and Census data.

What is the median income in Crane?

The median household income in Crane is $69,083 per year (2023 ACS 5-year estimates).

What is the sales tax in Crane, TX?

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

Is Crane, TX affordable?

Yes, Crane is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.

What is the weather like in Crane?

Crane has average high temperatures of 79.6°F and average lows of 52.0°F. Annual precipitation is 13.4". Data from NOAA 1991–2020 Climate Normals.

Crane at a Glance

Population
3,304
Median Income
$69,083
Home Value
$128,400
Median Rent
$817/mo
Unemployment
2.9%
Avg High Temp
79.6°F
Sales Tax
8.2%
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Explore county-level cost of living data

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