Cost of Living in Monahans, TX
Population 7,536 · Texas · Data vintage 2023
(100 = US avg)
Monahans offers a notably favorable income-to-housing ratio for its region. The typical home — $159,000 — costs less than 2.2 times median household income of $70,820, a threshold many coastal markets passed a decade ago.
Geographically, Monahans is about 45 miles west of Odessa, the nearest large metro. Median home values run roughly 24% lower than Odessa's $208,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Monahans
The median home value in Monahans is $159,000 — 48% below the national median of $305,000. Median rent runs $919/month, 30% lower than the national median of $1,314/month. The median household income of $70,820/year is 5% lower than the US median of $74,580. The local unemployment rate is 4.4%, 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, Monahans has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.
Monahans 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 Monahans, TX?
Monahans has a cost index of 59 (100 = national average). It is 41% below the national average.
What is average rent in Monahans, TX?
The median gross rent in Monahans is $919 per month based on 2023 Census data.
What is the average home price in Monahans?
The median home value in Monahans is $159,000 according to Zillow and Census data.
What is the median income in Monahans?
The median household income in Monahans is $70,820 per year (2023 ACS 5-year estimates).
What is the sales tax in Monahans, TX?
The combined state and local sales tax rate in Monahans is 8.2%. Texas has no state income tax.
Is Monahans, TX affordable?
Yes, Monahans is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.
What is the weather like in Monahans?
Monahans 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.
Monahans at a Glance
- Population
- 7,536
- Median Income
- $70,820
- Home Value
- $159,000
- Median Rent
- $919/mo
- Unemployment
- 4.4%
- 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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