Cost of Living in Corsicana, TX

With a cost of living index of 78, Corsicana, TX is a very affordable place to live. Living here is 22% cheaper than the national average and 10% below the Texas state average of 88. With a population of 25,344, Corsicana is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Corsicana's cost of living. The median monthly rent is $1,038 (21% below the US median of $1,319), and the median home value sits at $161,400 (47% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Corsicana is $51,240, which is 32% lower than the national median of $75,149. Residents spend roughly 24% 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.