Cost of Living in Lake Tanglewood, TX

With a cost of living index of 125, Lake Tanglewood, TX is a notably expensive place to live. Living here is 25% more expensive than the national average and 37% above the Texas state average of 88. Lake Tanglewood is a small community of 684 residents.

The median household income in Lake Tanglewood is $125,179, which is 67% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Lake Tanglewood. The area sees an average annual temperature of 58.7°F, with summers averaging 78°F and winters around 40°F. Annual rainfall totals 19.7 inches spread over roughly 69 days.

Everyday prices in the Amarillo, 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.