Cost of Living in Snyder, TX

Population 11,310 · Texas · Data vintage 2023

48
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Snyder is a smaller Texas community of around 11000 residents, where median household incomes of $54,067 and housing costs ($103,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.

Located 70 miles west of Abilene, Snyder is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 43% lower than Abilene's $179,000.

Cost Overview

Housing 34
Rent 71

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

About the Cost of Living in Snyder

The median home value in Snyder is $102,500 — 66% below the national median of $305,000. Median rent runs $929/month, 29% lower than the national median of $1,314/month. The median household income of $54,067/year is 28% lower than the US median of $74,580. The local unemployment rate is 2.3%, 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 77.9°F and lows of 51.7°F, with about 2" of annual snowfall. Overall, Snyder has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.

🏠 Housing

Median Home Value
$102,500
66% below avg
Zillow Home Value
$135,251
Zillow ZHVI
Median Rent
$929/mo
29% below avg
Price-to-Rent Ratio
9.2x
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 71.7%
Renter-occupied 28.3%

💰 Estimated Monthly Budget

Rent median rent
$929
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,543/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
17.7 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.5%

Commute Mode

Drove alone
80.9%
Carpooled
12.8%
Walked
2.7%
Work from home
2.5%

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
$54,067
28% below avg
Per Capita Income
$30,785
Unemployment Rate
2.3%
53% below avg
Poverty Rate
10.9%
Labor Force Participation
58.6%

🎓 Education

Bachelor's degree+ 10.2%
Graduate degree 5.0%

👥 Demographics

Median Age 31.5
Male median age 31.3
Female median age 31.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.9°F
Avg Low
51.7°F
Annual Precip
19.6"
Annual Snowfall
2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586371798794969588796758
Low °F 313542506068727264534133
Precip" 0.730.801.151.552.542.491.582.402.391.841.350.78
Snow" 0.30.70.00.00.00.00.00.00.00.00.30.7

Frequently Asked Questions

What is the cost of living in Snyder, TX?

Snyder has a cost index of 48 (100 = national average). It is 52% below the national average.

What is average rent in Snyder, TX?

The median gross rent in Snyder is $929 per month based on 2023 Census data.

What is the average home price in Snyder?

The median home value in Snyder is $102,500 according to Zillow and Census data.

What is the median income in Snyder?

The median household income in Snyder is $54,067 per year (2023 ACS 5-year estimates).

What is the sales tax in Snyder, TX?

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

Is Snyder, TX affordable?

Yes, Snyder is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.

What is the weather like in Snyder?

Snyder has average high temperatures of 77.9°F and average lows of 51.7°F. Annual precipitation is 19.6". Average annual snowfall is 2". Data from NOAA 1991–2020 Climate Normals.

Snyder at a Glance

Population
11,310
Median Income
$54,067
Home Value
$102,500
Median Rent
$929/mo
Unemployment
2.3%
Avg High Temp
77.9°F
Sales Tax
8.2%
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