Cost of Living in Denver City, TX

Population 4,388 · Texas · Data vintage 2023

66
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Denver City offers a notably favorable income-to-housing ratio for its region. The typical home — $184,000 — costs less than 2.2 times median household income of $84,333, a threshold many coastal markets passed a decade ago. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.

Located 70 miles southwest of Lubbock, Denver City is far enough out that local conditions diverge meaningfully from the big-metro baseline. Housing prices track closely with Lubbock's $198,000 median.

Cost Overview

Housing 60
Rent 74

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

About the Cost of Living in Denver City

The median home value in Denver City is $184,000 — 40% below the national median of $305,000. Median rent runs $973/month, 26% lower than the national median of $1,314/month. The median household income of $84,333/year is 13% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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 74.0°F and lows of 41.6°F. Overall, Denver City has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.

🏠 Housing

Median Home Value
$184,000
40% below avg
Zillow Home Value
$500,524
Zillow ZHVI
Median Rent
$973/mo
26% below avg
Price-to-Rent Ratio
15.8x
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 85.2%
Renter-occupied 14.8%

💰 Estimated Monthly Budget

Rent median rent
$973
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,587/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
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.8%

Commute Mode

Drove alone
72.6%
Carpooled
18.6%
Walked
3.2%
Work from home
1.8%

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
$84,333
13% above avg
Per Capita Income
$41,336
Unemployment Rate
2.8%
42% below avg
Poverty Rate
5.6%
Labor Force Participation
62.9%

🎓 Education

Bachelor's degree+ 12.4%
Graduate degree 3.0%

👥 Demographics

Median Age 43.7
Male median age 43.2
Female median age 45.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.0°F
Avg Low
41.6°F
Annual Precip
17.9"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555967748392929183746354
Low °F 222632395059636154423023
Precip" 0.570.420.840.752.242.862.332.622.431.520.670.69

Frequently Asked Questions

What is the cost of living in Denver City, TX?

Denver City has a cost index of 66 (100 = national average). It is 34% below the national average.

What is average rent in Denver City, TX?

The median gross rent in Denver City is $973 per month based on 2023 Census data.

What is the average home price in Denver City?

The median home value in Denver City is $184,000 according to Zillow and Census data.

What is the median income in Denver City?

The median household income in Denver City is $84,333 per year (2023 ACS 5-year estimates).

What is the sales tax in Denver City, TX?

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

Is Denver City, TX affordable?

Yes, Denver City is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.

What is the weather like in Denver City?

Denver City has average high temperatures of 74.0°F and average lows of 41.6°F. Annual precipitation is 17.9". Data from NOAA 1991–2020 Climate Normals.

Denver City at a Glance

Population
4,388
Median Income
$84,333
Home Value
$184,000
Median Rent
$973/mo
Unemployment
2.8%
Avg High Temp
74.0°F
Sales Tax
8.2%
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Explore county-level cost of living data

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