Cost of Living in McLean, TX

With a cost of living index of 65, McLean, TX is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 22% below the Texas state average of 88. McLean is a small community of 855 residents.

Housing costs are the biggest factor in McLean's cost of living. The median monthly rent is $864 (34% below the US median of $1,319), and the median home value sits at $72,500 (76% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.

The median household income in McLean is $44,934, which is 40% lower than the national median of $75,149. Residents spend roughly 23% 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 McLean. The area sees an average annual temperature of 59.2°F, with summers averaging 79°F and winters around 40°F. Annual rainfall totals 22.7 inches spread over roughly 63 days.

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.