Cost of Living in Blum, TX

With a cost of living index of 80, Blum, TX is a very affordable place to live. Living here is 20% cheaper than the national average and 8% below the Texas state average of 88. Blum is a small community of 374 residents.

Housing costs are the biggest factor in Blum's cost of living. The median monthly rent is $1,313 (0% below the US median of $1,319), and the median home value sits at $80,000 (74% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Blum is $28,438, which is 62% lower than the national median of $75,149. Residents spend roughly 55% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents. 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.