Cost of Living in Paducah, TX

With a cost of living index of 46, Paducah, TX is one of the most affordable cities in the country. Living here is 54% cheaper than the national average and 41% below the Texas state average of 88. Paducah is a small community of 953 residents.

Housing costs are the biggest factor in Paducah's cost of living. The median monthly rent is $300 (77% below the US median of $1,319), and the median home value sits at $47,800 (84% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.

The median household income in Paducah is $35,521, which is 53% lower than the national median of $75,149. Residents spend roughly 10% 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 Paducah. The area sees an average annual temperature of 62.7°F, with summers averaging 82°F and winters around 43°F. Annual rainfall totals 23.7 inches spread over roughly 68 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.