Cost of Living in Megargel, TX

With a cost of living index of 96, Megargel, TX is slightly more affordable than average. Living here is 4% cheaper than the national average and 9% above the Texas state average of 88. Megargel is a small community of 224 residents.

The median household income in Megargel is $95,066, which is 27% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Megargel. The area sees an average annual temperature of 63.7°F, with summers averaging 83°F and winters around 44°F. Annual rainfall totals 27.9 inches spread over roughly 73 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Wichita Falls, 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.