Cost of Living in Coolidge, TX
Population: 899 | Texas
Coolidge is 38% less expensive than the national average.
Cost of Living in Coolidge, TX: What You Need to Know
With a cost of living index of 62, Coolidge, TX is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 25% below the Texas state average of 88. Coolidge is a small community of 899 residents.
Housing costs are the biggest factor in Coolidge's cost of living. The median monthly rent is $780 (41% below the US median of $1,319), and the median home value sits at $64,000 (79% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.
The median household income in Coolidge is $37,350, which is 50% 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.
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
- $37,350
- vs US Median ($75,149)
- -50%
Housing
- Median Rent
- $780/mo
- Median Home Value
- $64,000
- Median Monthly Housing Cost
- $774/mo