Cost of Living in Potosi, TX

Population 4,524 · Texas · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Potosi sits on the smaller end of the Texas city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Potosi sits roughly 9 miles southeast of Abilene — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 67% higher than Abilene's $179,000.

Cost Overview

Housing 98
Rent 109

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

About the Cost of Living in Potosi

The median home value in Potosi is $298,000 — 2% below the national median of $305,000. Median rent runs $1,438/month, 9% higher than the national median of $1,314/month. The median household income of $113,340/year is 52% higher than the US median of $74,580. The local unemployment rate is 3.1%, 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 78.2°F and lows of 53.7°F, with about 3.7" of annual snowfall. Overall, Potosi has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$298,000
2% below avg
Median Rent
$1,438/mo
9% above avg
Price-to-Rent Ratio
17.3x
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 83.2%
Renter-occupied 16.9%

💰 Estimated Monthly Budget

Rent median rent
$1,438
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,052/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
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.9%

Commute Mode

Drove alone
88.3%
Carpooled
8.0%
Walked
0.8%
Work from home
2.9%

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
$113,340
52% above avg
Per Capita Income
$38,016
Unemployment Rate
3.1%
35% below avg
Poverty Rate
2.8%
Labor Force Participation
67.9%

🎓 Education

Bachelor's degree+ 22.5%
Graduate degree 15.7%

👥 Demographics

Median Age 33.7
Male median age 39.5
Female median age 32.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.2°F
Avg Low
53.7°F
Annual Precip
25.2"
Annual Snowfall
3.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596371798693969689796859
Low °F 343745536270737265554335
Precip" 1.101.291.731.863.213.441.922.532.672.831.401.26
Snow" 0.71.00.10.30.00.00.00.00.00.00.70.9

Frequently Asked Questions

What is the cost of living in Potosi, TX?

Potosi has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in Potosi, TX?

The median gross rent in Potosi is $1,438 per month based on 2023 Census data.

What is the average home price in Potosi?

The median home value in Potosi is $298,000 according to 2023 Census ACS data.

What is the median income in Potosi?

The median household income in Potosi is $113,340 per year (2023 ACS 5-year estimates).

What is the sales tax in Potosi, TX?

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

Is Potosi, TX affordable?

Potosi is near the national average in terms of cost of living, with an index of 102 (100 = US average).

What is the weather like in Potosi?

Potosi has average high temperatures of 78.2°F and average lows of 53.7°F. Annual precipitation is 25.2". Average annual snowfall is 3.7". Data from NOAA 1991–2020 Climate Normals.

Potosi at a Glance

Population
4,524
Median Income
$113,340
Home Value
$298,000
Median Rent
$1,438/mo
Unemployment
3.1%
Avg High Temp
78.2°F
Sales Tax
8.2%
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Explore county-level cost of living data

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