Cost of Living in Arcola, TX

With a cost of living index of 84, Arcola, TX is a very affordable place to live. Living here is 16% cheaper than the national average and 4% below the Texas state average of 88. Arcola is a small community of 2,050 residents.

Housing costs are the biggest factor in Arcola's cost of living. The median monthly rent is $1,117 (15% below the US median of $1,319), and the median home value sits at $182,700 (40% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Arcola is $73,778, which is 2% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Houston-Pasadena-The Woodlands, TX (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.