Cost of Living in Edom, TX

With a cost of living index of 87, Edom, TX is a very affordable place to live. Living here is 13% cheaper than the national average and in line with the Texas state average. Edom is a small community of 300 residents.

Housing costs are the biggest factor in Edom's cost of living. The median monthly rent is $1,333 (1% above the US median of $1,319), and the median home value sits at $167,200 (45% 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 Edom is $101,250, which is 35% higher than the national median of $75,149. Residents spend roughly 16% 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.