Cost of Living in Carmine, TX

With a cost of living index of 105, Carmine, TX is somewhat more expensive than average. Living here is 5% more expensive than the national average and 18% above the Texas state average of 88. Carmine is a small community of 196 residents.

Housing costs are the biggest factor in Carmine's cost of living. The median monthly rent is $1,679 (27% above the US median of $1,319), and the median home value sits at $257,400 (16% below the national median of $304,900). At current prices, the median home costs roughly 5.1x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Carmine is $50,833, which is 32% lower than the national median of $75,149. Residents spend roughly 40% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

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.