Cost of Living in Glen Rose, TX

With a cost of living index of 81, Glen Rose, TX is a very affordable place to live. Living here is 19% cheaper than the national average and 6% below the Texas state average of 88. Glen Rose is a small community of 2,770 residents.

Housing costs are the biggest factor in Glen Rose's cost of living. The median monthly rent is $946 (28% below the US median of $1,319), and the median home value sits at $254,100 (17% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Glen Rose is $75,000, which is 0% higher than the national median of $75,149. Residents spend roughly 15% 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 Glen Rose. The area sees an average annual temperature of 65°F, with summers averaging 83°F and winters around 47°F. Annual rainfall totals 34.1 inches spread over roughly 74 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Waco, TX (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.