Cost of Living in Denison, TX
Population 25,347 · Texas · Data vintage 2023
(100 = US avg)
Denison lands reasonably close to national benchmarks on most cost indicators, with a median home value of $168,000 — 45% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Texas.
Located 40 miles north of McKinney, Denison falls within that metro's commuting orbit. Median home values run roughly 62% lower than McKinney's $440,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Denison
The median home value in Denison is $167,800 — 45% below the national median of $305,000. Median rent runs $1,161/month, 12% lower than the national median of $1,314/month. The median household income of $60,821/year is 18% lower than the US median of $74,580. The local unemployment rate is 4.9%, 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 75.9°F and lows of 54.1°F. Overall, Denison has a cost of living index of 68 versus the US average of 100, meaning it is 32% 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 | 56 | 60 | 68 | 75 | 83 | 91 | 95 | 96 | 88 | 78 | 66 | 57 |
| Low °F | 34 | 38 | 46 | 53 | 62 | 70 | 74 | 73 | 66 | 54 | 44 | 36 |
| Precip" | 2.70 | 2.57 | 3.51 | 3.58 | 4.77 | 3.58 | 1.96 | 1.73 | 2.81 | 4.41 | 3.19 | 3.49 |
Frequently Asked Questions
What is the cost of living in Denison, TX?
Denison has a cost index of 68 (100 = national average). It is 32% below the national average.
What is average rent in Denison, TX?
The median gross rent in Denison is $1,161 per month based on 2023 Census data.
What is the average home price in Denison?
The median home value in Denison is $167,800 according to Zillow and Census data.
What is the median income in Denison?
The median household income in Denison is $60,821 per year (2023 ACS 5-year estimates).
What is the sales tax in Denison, TX?
The combined state and local sales tax rate in Denison is 8.2%. Texas has no state income tax.
Is Denison, TX affordable?
Yes, Denison is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.
What is the weather like in Denison?
Denison has average high temperatures of 75.9°F and average lows of 54.1°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.
Denison at a Glance
- Population
- 25,347
- Median Income
- $60,821
- Home Value
- $167,800
- Median Rent
- $1,161/mo
- Unemployment
- 4.9%
- Avg High Temp
- 75.9°F
- Sales Tax
- 8.2%
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Texas Rankings
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