Cost of Living in Terrell, TX
Population 19,019 · Texas · Data vintage 2023
(100 = US avg)
Terrell offers a notably favorable income-to-housing ratio for its region. The typical home — $190,000 — costs less than 3 times median household income of $63,795, a threshold many coastal markets passed a decade ago.
Terrell sits roughly 25 miles southeast of Garland — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% lower than Garland's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Terrell
The median home value in Terrell is $190,000 — 38% below the national median of $305,000. Median rent runs $1,167/month, 11% lower than the national median of $1,314/month. The median household income of $63,795/year is 14% lower than the US median of $74,580. The local unemployment rate is 4.3%, 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 77.4°F and lows of 55.4°F. Overall, Terrell has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.
🏠 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 | 57 | 62 | 69 | 76 | 84 | 92 | 96 | 96 | 90 | 79 | 68 | 59 |
| Low °F | 36 | 40 | 47 | 54 | 63 | 71 | 74 | 74 | 67 | 56 | 45 | 38 |
| Precip" | 2.62 | 2.73 | 3.69 | 3.06 | 4.72 | 3.40 | 2.00 | 2.30 | 2.74 | 4.54 | 3.06 | 3.56 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Terrell, TX?
Terrell has a cost index of 73 (100 = national average). It is 27% below the national average.
What is average rent in Terrell, TX?
The median gross rent in Terrell is $1,167 per month based on 2023 Census data.
What is the average home price in Terrell?
The median home value in Terrell is $190,000 according to Zillow and Census data.
What is the median income in Terrell?
The median household income in Terrell is $63,795 per year (2023 ACS 5-year estimates).
What is the sales tax in Terrell, TX?
The combined state and local sales tax rate in Terrell is 8.2%. Texas has no state income tax.
Is Terrell, TX affordable?
Yes, Terrell is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.
What is the weather like in Terrell?
Terrell has average high temperatures of 77.4°F and average lows of 55.4°F. Annual precipitation is 38.4". Data from NOAA 1991–2020 Climate Normals.
Terrell at a Glance
- Population
- 19,019
- Median Income
- $63,795
- Home Value
- $190,000
- Median Rent
- $1,167/mo
- Unemployment
- 4.3%
- Avg High Temp
- 77.4°F
- Sales Tax
- 8.2%
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Texas Rankings
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