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Texas has long been a magnet for relocation, and the numbers tell a clear story: with a population of 29.2 million and a median age of just 35.2, it’s a state that draws people in the prime of their careers and families. But what does life actually cost here? For anyone considering the move, the financial picture is nuanced—and surprisingly favorable compared to many coastal markets.
Start with housing, where Texas remains relatively affordable. The median one-bedroom apartment rent sits at $1,251 per month. Against a median household income of $73,035 per year—roughly $6,086 monthly—that rent consumes about 20.5 percent of income, well below the 30 percent threshold considered unsustainable. Homebuyers find similar relief: the median home value is $238,000, a figure that in cities like Austin has crept higher but still offers significant value compared to California or the Northeast.
Explore Texas Cities
Browse utility costs, housing data, Census demographics, and climate data for all 1 tracked cities in Texas.
Data: US Census Bureau ACS 2022, BLS. Updated October 09, 2026.
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