Cost of Living in Ingram, TX

With a cost of living index of 77, Ingram, TX is a very affordable place to live. Living here is 23% cheaper than the national average and 11% below the Texas state average of 88. Ingram is a small community of 2,092 residents.

Housing costs are the biggest factor in Ingram's cost of living. The median monthly rent is $984 (25% below the US median of $1,319), and the median home value sits at $165,400 (46% 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 Ingram is $49,295, which is 34% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Ingram. The area sees an average annual temperature of 66.5°F, with summers averaging 83°F and winters around 50°F. Annual rainfall totals 22.5 inches spread over roughly 67 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.