Cost of Living in Kermit, TX
Population 5,681 · Texas · Data vintage 2023
(100 = US avg)
Buyers in Kermit can reasonably expect a home to cost less than three years of household income — $119,000 against $90,181 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.
Kermit is about 45 miles west 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 43% lower than Odessa's $208,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Kermit
The median home value in Kermit is $119,300 — 61% below the national median of $305,000. Median rent runs $907/month, 31% lower than the national median of $1,314/month. The median household income of $90,181/year is 21% higher than the US median of $74,580. The local unemployment rate is 2.2%, 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 80.1°F and lows of 50.9°F. Overall, Kermit has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.
Kermit has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 | 60 | 65 | 74 | 83 | 90 | 98 | 97 | 96 | 89 | 81 | 69 | 60 |
| Low °F | 30 | 34 | 42 | 50 | 60 | 69 | 72 | 71 | 64 | 51 | 38 | 31 |
| Precip" | 0.49 | 0.40 | 0.72 | 0.47 | 1.40 | 1.27 | 1.53 | 1.38 | 1.55 | 1.18 | 0.49 | 0.50 |
Frequently Asked Questions
What is the cost of living in Kermit, TX?
Kermit has a cost index of 51 (100 = national average). It is 49% below the national average.
What is average rent in Kermit, TX?
The median gross rent in Kermit is $907 per month based on 2023 Census data.
What is the average home price in Kermit?
The median home value in Kermit is $119,300 according to Zillow and Census data.
What is the median income in Kermit?
The median household income in Kermit is $90,181 per year (2023 ACS 5-year estimates).
What is the sales tax in Kermit, TX?
The combined state and local sales tax rate in Kermit is 8.2%. Texas has no state income tax.
Is Kermit, TX affordable?
Yes, Kermit is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.
What is the weather like in Kermit?
Kermit has average high temperatures of 80.1°F and average lows of 50.9°F. Annual precipitation is 11.4". Data from NOAA 1991–2020 Climate Normals.
Kermit at a Glance
- Population
- 5,681
- Median Income
- $90,181
- Home Value
- $119,300
- Median Rent
- $907/mo
- Unemployment
- 2.2%
- Avg High Temp
- 80.1°F
- Sales Tax
- 8.2%
Nearby Cities
Explore county-level cost of living data
Texas Rankings
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