Cost of Living in Point, TX

With a cost of living index of 66, Point, TX is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 22% below the Texas state average of 88. Point is a small community of 985 residents.

Housing costs are the biggest factor in Point's cost of living. The median monthly rent is $693 (47% below the US median of $1,319), and the median home value sits at $142,800 (53% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Point is $51,696, which is 31% lower 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. 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 Point. The area sees an average annual temperature of 66.4°F, with summers averaging 84°F and winters around 49°F. Annual rainfall totals 38.4 inches spread over roughly 87 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.