Cost of Living in Texarkana, TX
Population 36,039 · Texas · Data vintage 2023
(100 = US avg)
The Texarkana cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $160,000, rents near $990 a month. Around 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Located 70 miles north of Shreveport, Texarkana is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 10% lower than Shreveport's $178,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Texarkana
The median home value in Texarkana is $159,700 — 48% below the national median of $305,000. Median rent runs $990/month, 25% lower than the national median of $1,314/month. The median household income of $49,240/year is 34% lower than the US median of $74,580. The local unemployment rate is 4.6%, 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 74.3°F and lows of 53.7°F. Overall, Texarkana has a cost of living index of 62 versus the US average of 100, meaning it is 38% 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 | 54 | 58 | 67 | 75 | 82 | 89 | 93 | 93 | 86 | 76 | 64 | 56 |
| Low °F | 35 | 38 | 45 | 53 | 62 | 69 | 72 | 71 | 65 | 54 | 44 | 37 |
| Precip" | 3.64 | 4.28 | 4.45 | 4.43 | 5.10 | 3.92 | 3.37 | 2.98 | 3.60 | 4.51 | 3.91 | 4.68 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Texarkana, TX?
Texarkana has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Texarkana, TX?
The median gross rent in Texarkana is $990 per month based on 2023 Census data.
What is the average home price in Texarkana?
The median home value in Texarkana is $159,700 according to Zillow and Census data.
What is the median income in Texarkana?
The median household income in Texarkana is $49,240 per year (2023 ACS 5-year estimates).
What is the sales tax in Texarkana, TX?
The combined state and local sales tax rate in Texarkana is 8.2%. Texas has no state income tax.
Is Texarkana, TX affordable?
Yes, Texarkana is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
What is the weather like in Texarkana?
Texarkana has average high temperatures of 74.3°F and average lows of 53.7°F. Annual precipitation is 48.9". Data from NOAA 1991–2020 Climate Normals.
Texarkana at a Glance
- Population
- 36,039
- Median Income
- $49,240
- Home Value
- $159,700
- Median Rent
- $990/mo
- Unemployment
- 4.6%
- Avg High Temp
- 74.3°F
- Sales Tax
- 8.2%
Nearby Cities
Explore county-level cost of living data
Texas Rankings
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