Cost of Living in Kerrville, TX

With a cost of living index of 88, Kerrville, 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. Kerrville is a smaller community of 24,532 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Kerrville's cost of living. The median monthly rent is $1,075 (18% below the US median of $1,319), and the median home value sits at $272,700 (11% below the national median of $304,900). At current prices, the median home costs roughly 4.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Kerrville is $59,431, which is 21% lower than the national median of $75,149. Residents spend roughly 22% 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 Kerrville. The area sees an average annual temperature of 69.6°F, with summers averaging 84°F and winters around 54°F. Annual rainfall totals 24.9 inches spread over roughly 71 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.