Cost of Living in Melissa, TX

Population 17,497 · Texas · Data vintage 2023

156
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

One of the defining characteristics of Melissa is a long average commute — 36 minutes one way, compared to a national median of 27. The city's housing pricing is difficult to evaluate without factoring in that daily time cost.

Located 9 miles northeast of McKinney, Melissa falls within that metro's commuting orbit. Housing prices track closely with McKinney's $440,000 median.

Cost Overview

Housing 141
Rent 178

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

About the Cost of Living in Melissa

The median home value in Melissa is $430,300 — 41% above the national median of $305,000. Median rent runs $2,341/month, 78% higher than the national median of $1,314/month. The median household income of $137,875/year is 85% higher than the US median of $74,580. The local unemployment rate is 3.7%, 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 75.9°F and lows of 54.1°F. Overall, Melissa has a cost of living index of 156 versus the US average of 100, meaning it is 56% more expensive.

🏠 Housing

Median Home Value
$430,300
41% above avg
Zillow Home Value
$435,030
Zillow ZHVI
Median Rent
$2,341/mo
78% above avg
Zillow Rent
$1,746/mo
Zillow ZORI
Price-to-Rent Ratio
15.3x
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 88.3%
Renter-occupied 11.7%

💰 Estimated Monthly Budget

Rent median rent
$2,341
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,955/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
36.3 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
29.3%

Commute Mode

Drove alone
56.1%
Carpooled
13.6%
Walked
0.6%
Work from home
29.3%

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
$137,875
85% above avg
Per Capita Income
$46,119
Unemployment Rate
3.7%
23% below avg
Poverty Rate
2.6%
Labor Force Participation
71.5%

🎓 Education

Bachelor's degree+ 36.8%
Graduate degree 15.5%

👥 Demographics

Median Age 36.5
Male median age 36.9
Female median age 34.6

🌤 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 41 — Good
73.3%
Good air days/yr
154
Max AQI recorded
0
PM2.5 days
356
Ozone days

Frequently Asked Questions

What is the cost of living in Melissa, TX?

Melissa has a cost index of 156 (100 = national average). It is 56% above the national average.

What is average rent in Melissa, TX?

The median gross rent in Melissa is $2,341 per month based on 2023 Census data.

What is the average home price in Melissa?

The median home value in Melissa is $430,300 according to Zillow and Census data.

What is the median income in Melissa?

The median household income in Melissa is $137,875 per year (2023 ACS 5-year estimates).

What is the sales tax in Melissa, TX?

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

Is Melissa, TX affordable?

Melissa is above average in cost of living, with an index of 156 — about 56% higher than the national average.

What is the weather like in Melissa?

Melissa 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.

Melissa at a Glance

Population
17,497
Median Income
$137,875
Home Value
$430,300
Median Rent
$2,341/mo
Unemployment
3.7%
Avg High Temp
75.9°F
Sales Tax
8.2%
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Explore county-level cost of living data

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