Cost of Living in Ben Bolt, TX
Population: 2,391 | Texas
Ben Bolt is 25% less expensive than the national average.
Cost of Living in Ben Bolt, TX: What You Need to Know
With a cost of living index of 75, Ben Bolt, TX is one of the most affordable cities in the country. Living here is 25% cheaper than the national average and 13% below the Texas state average of 88. Ben Bolt is a small community of 2,391 residents.
Housing costs are the biggest factor in Ben Bolt's cost of living. The median monthly rent is $942 (29% below the US median of $1,319), and the median home value sits at $156,700 (49% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.
The median household income in Ben Bolt is $70,500, which is 6% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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.
Income
- Median Household Income
- $70,500
- vs US Median ($75,149)
- -6%
Housing
- Median Rent
- $942/mo
- Median Home Value
- $156,700
- Median Monthly Housing Cost
- $805/mo