Cost of Living in Clarksville, TX
Population: 2,864 | Texas
Clarksville is 38% less expensive than the national average.
Cost of Living in Clarksville, TX: What You Need to Know
With a cost of living index of 62, Clarksville, TX is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 26% below the Texas state average of 88. Clarksville is a small community of 2,864 residents.
Housing costs are the biggest factor in Clarksville's cost of living. The median monthly rent is $809 (39% below the US median of $1,319), and the median home value sits at $50,100 (84% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.
The median household income in Clarksville is $26,364, which is 65% lower than the national median of $75,149. Residents spend roughly 37% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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
- $26,364
- vs US Median ($75,149)
- -65%
Housing
- Median Rent
- $809/mo
- Median Home Value
- $50,100
- Median Monthly Housing Cost
- $581/mo