Cost of Living in May, TX
Population: 151 | Texas
May is 20% less expensive than the national average.
Cost of Living in May, TX: What You Need to Know
With a cost of living index of 80, May, TX is a very affordable place to live. Living here is 20% cheaper than the national average and 8% below the Texas state average of 88. May is a small community of 151 residents.
The median household income in May is $64,000, which is 15% lower than the national median of $75,149. 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 May. 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.
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.
Income
- Median Household Income
- $64,000
- vs US Median ($75,149)
- -15%
Housing
- Median Home Value
- $83,300
- Median Monthly Housing Cost
- $563/mo
Climate in May
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 59 | 63 | 70 | 79 | 86 | 93 | 97 | 98 | 90 | 81 | 69 | 61 |
| Avg °F | 45 | 49 | 56 | 64 | 73 | 80 | 84 | 84 | 76 | 66 | 55 | 47 |
| Low °F | 31 | 35 | 42 | 50 | 60 | 68 | 71 | 70 | 63 | 52 | 41 | 33 |
| Rain" | 1.8 | 2.2 | 2.8 | 2.9 | 5.0 | 3.3 | 2.0 | 3.0 | 3.3 | 3.3 | 2.3 | 2.2 |