Cost of Living in Chandler, TX
Population: 3,397 | Texas
Chandler is 23% less expensive than the national average.
Cost of Living in Chandler, TX: What You Need to Know
With a cost of living index of 77, Chandler, TX is a very affordable place to live. Living here is 23% cheaper than the national average and 10% below the Texas state average of 88. Chandler is a small community of 3,397 residents.
Housing costs are the biggest factor in Chandler's cost of living. The median monthly rent is $868 (34% below the US median of $1,319), and the median home value sits at $218,400 (28% below the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.
The median household income in Chandler is $48,002, which is 36% lower than the national median of $75,149. Residents spend roughly 22% 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
- $48,002
- vs US Median ($75,149)
- -36%
Housing
- Median Rent
- $868/mo
- Median Home Value
- $218,400
- Median Monthly Housing Cost
- $895/mo