Cost of Living in Freer, TX

With a cost of living index of 64, Freer, TX is one of the most affordable cities in the country. Living here is 36% cheaper than the national average and 24% below the Texas state average of 88. Freer is a small community of 2,524 residents.

Housing costs are the biggest factor in Freer's cost of living. The median monthly rent is $733 (44% below the US median of $1,319), and the median home value sits at $102,000 (67% below the national median of $304,900). At current prices, the median home costs roughly 1.4x the median household income — well within traditional affordability guidelines.

The median household income in Freer is $75,521, which is 0% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Freer. The area sees an average annual temperature of 72.8°F, with summers averaging 85°F and winters around 59°F. Annual rainfall totals 29.1 inches spread over roughly 81 days.

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.