Cost of Living in Commerce, TX

With a cost of living index of 73, Commerce, TX is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and 14% below the Texas state average of 88. Commerce is a smaller community of 9,211 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Commerce's cost of living. The median monthly rent is $902 (32% below the US median of $1,319), and the median home value sits at $124,800 (59% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Commerce is $43,051, which is 43% lower than the national median of $75,149. Residents spend roughly 25% 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.

Everyday prices in the Dallas-Fort Worth-Arlington, TX (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.