Cost of Living in Denver City, TX

With a cost of living index of 78, Denver City, 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. Denver City is a small community of 4,388 residents.

Housing costs are the biggest factor in Denver City's cost of living. The median monthly rent is $973 (26% below the US median of $1,319), and the median home value sits at $184,000 (40% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Denver City is $84,333, which is 12% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.