Cost of Living in Nolanville, TX

With a cost of living index of 81, Nolanville, TX is a very affordable place to live. Living here is 19% cheaper than the national average and 6% below the Texas state average of 88. Nolanville is a smaller community of 6,372 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Nolanville's cost of living. The median monthly rent is $1,132 (14% below the US median of $1,319), and the median home value sits at $179,800 (41% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Nolanville is $85,657, which is 14% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Nolanville. The area sees an average annual temperature of 67.4°F, with summers averaging 83°F and winters around 51°F. Annual rainfall totals 33 inches spread over roughly 76 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Killeen-Temple, 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.