Cost of Living in Greenville, TX

Population 29,936 · Texas · Data vintage 2023

78
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Greenville can reasonably expect a home to cost less than three years of household income — $197,000 against $63,574 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. Unemployment has stayed elevated relative to the national figure — 6.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Greenville is about 35 miles east of Allen, the nearest large metro. Median home values run roughly 54% lower than Allen's $430,000.

Cost Overview

Housing 65
Rent 97

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

About the Cost of Living in Greenville

The median home value in Greenville is $197,400 — 35% below the national median of $305,000. Median rent runs $1,274/month, 3% lower than the national median of $1,314/month. The median household income of $63,574/year is 15% lower than the US median of $74,580. The local unemployment rate is 6.3%, 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, Greenville has a cost of living index of 78 versus the US average of 100, meaning it is 22% less expensive.

🏠 Housing

Median Home Value
$197,400
35% below avg
Zillow Home Value
$239,685
Zillow ZHVI
Median Rent
$1,274/mo
3% below avg
Zillow Rent
$1,351/mo
Zillow ZORI
Price-to-Rent Ratio
12.9x
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 52.0%
Renter-occupied 48.0%

💰 Estimated Monthly Budget

Rent median rent
$1,274
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,888/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
28.4 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.5%

Commute Mode

Drove alone
81.7%
Carpooled
8.6%
Public transit
0.1%
Walked
1.7%
Bicycle
0.2%
Work from home
6.5%

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
$63,574
15% below avg
Per Capita Income
$29,654
Unemployment Rate
6.3%
31% above avg
Poverty Rate
13.2%
Labor Force Participation
63.8%

🎓 Education

Bachelor's degree+ 13.4%
Graduate degree 8.0%

👥 Demographics

Median Age 35.1
Male median age 34.3
Female median age 36.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.9°F
Avg Low
54.1°F
Annual Precip
38.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566068758391959688786657
Low °F 343846536270747366544436
Precip" 2.702.573.513.584.773.581.961.732.814.413.193.49

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
87.5%
Good air days/yr
119
Max AQI recorded
0
PM2.5 days
348
Ozone days

Frequently Asked Questions

What is the cost of living in Greenville, TX?

Greenville has a cost index of 78 (100 = national average). It is 22% below the national average.

What is average rent in Greenville, TX?

The median gross rent in Greenville is $1,274 per month based on 2023 Census data.

What is the average home price in Greenville?

The median home value in Greenville is $197,400 according to Zillow and Census data.

What is the median income in Greenville?

The median household income in Greenville is $63,574 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenville, TX?

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

Is Greenville, TX affordable?

Yes, Greenville is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.

What is the weather like in Greenville?

Greenville 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.

Greenville at a Glance

Population
29,936
Median Income
$63,574
Home Value
$197,400
Median Rent
$1,274/mo
Unemployment
6.3%
Avg High Temp
75.9°F
Sales Tax
8.2%
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