Cost of Living in Melvin, TX
Population: 123 | Texas
Melvin is 24% less expensive than the national average.
Cost of Living in Melvin, TX: What You Need to Know
With a cost of living index of 76, Melvin, TX is a very affordable place to live. Living here is 24% cheaper than the national average and 11% below the Texas state average of 88. Melvin is a small community of 123 residents.
The median household income in Melvin is $53,438, which is 29% 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 Melvin. The area sees an average annual temperature of 66.5°F, with summers averaging 83°F and winters around 50°F. Annual rainfall totals 22.5 inches spread over roughly 67 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
- $53,438
- vs US Median ($75,149)
- -29%
Housing
- Median Home Value
- $39,500
- Median Monthly Housing Cost
- $343/mo
Climate in Melvin
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 62 | 66 | 73 | 81 | 87 | 93 | 95 | 96 | 89 | 81 | 70 | 63 |
| Avg °F | 48 | 52 | 59 | 67 | 75 | 81 | 84 | 83 | 77 | 67 | 56 | 49 |
| Low °F | 34 | 38 | 46 | 53 | 63 | 70 | 72 | 71 | 64 | 54 | 43 | 34 |
| Rain" | 0.9 | 1.1 | 2.0 | 1.8 | 3.2 | 2.8 | 1.5 | 2.0 | 2.4 | 2.2 | 1.5 | 1.0 |