Cost of Living in Perryton, TX

Population 8,625 · Texas · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Perryton offers a notably favorable income-to-housing ratio for its region. The typical home — $131,000 — costs less than 2 times median household income of $64,192, a threshold many coastal markets passed a decade ago. The labor market has been unusually tight, with unemployment around 1.1% — below most comparable cities in the state.

Perryton lies roughly 100 miles northeast of the nearest major metro, Amarillo — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 30% lower than Amarillo's $187,000.

Cost Overview

Housing 43
Rent 69

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

About the Cost of Living in Perryton

The median home value in Perryton is $130,800 — 57% below the national median of $305,000. Median rent runs $910/month, 31% lower than the national median of $1,314/month. The median household income of $64,192/year is 14% lower than the US median of $74,580. The local unemployment rate is 1.1%, 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 72.2°F and lows of 43.0°F. Overall, Perryton has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$130,800
57% below avg
Zillow Home Value
$120,456
Zillow ZHVI
Median Rent
$910/mo
31% below avg
Price-to-Rent Ratio
12.0x
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 68.9%
Renter-occupied 31.1%

💰 Estimated Monthly Budget

Rent median rent
$910
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,524/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
17.5 min
35% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.0%

Commute Mode

Drove alone
74.6%
Carpooled
17.8%
Walked
1.3%
Work from home
2.0%

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
$64,192
14% below avg
Per Capita Income
$31,076
Unemployment Rate
1.1%
77% below avg
Poverty Rate
17.1%
Labor Force Participation
68.6%

🎓 Education

Bachelor's degree+ 12.1%
Graduate degree 7.1%

👥 Demographics

Median Age 33.1
Male median age 33.3
Female median age 32.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.2°F
Avg Low
43.0°F
Annual Precip
17.8"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 515463718191959285736150
Low °F 222432415162676557433123
Precip" 0.410.331.111.492.252.882.392.581.361.750.510.69

Frequently Asked Questions

What is the cost of living in Perryton, TX?

Perryton has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Perryton, TX?

The median gross rent in Perryton is $910 per month based on 2023 Census data.

What is the average home price in Perryton?

The median home value in Perryton is $130,800 according to Zillow and Census data.

What is the median income in Perryton?

The median household income in Perryton is $64,192 per year (2023 ACS 5-year estimates).

What is the sales tax in Perryton, TX?

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

Is Perryton, TX affordable?

Yes, Perryton is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Perryton?

Perryton has average high temperatures of 72.2°F and average lows of 43.0°F. Annual precipitation is 17.8". Data from NOAA 1991–2020 Climate Normals.

Perryton at a Glance

Population
8,625
Median Income
$64,192
Home Value
$130,800
Median Rent
$910/mo
Unemployment
1.1%
Avg High Temp
72.2°F
Sales Tax
8.2%
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Explore county-level cost of living data

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