Cost of Living in Harker Heights, TX

With a cost of living index of 88, Harker Heights, TX is a very affordable place to live. Living here is 12% cheaper than the national average and in line with the Texas state average. With a population of 33,595, Harker Heights 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 Harker Heights's cost of living. The median monthly rent is $1,114 (16% below the US median of $1,319), and the median home value sits at $269,000 (12% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Harker Heights is $82,685, which is 10% 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.

Climate is another factor for anyone considering a move to Harker Heights. The area sees an average annual temperature of 67.4°F, with summers averaging 83°F and winters around 51°F. Annual rainfall totals 33 inches spread over roughly 76 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Killeen-Temple, 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.