Cost of Living in Raymondville, TX

With a cost of living index of 66, Raymondville, 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. Raymondville is a smaller community of 10,243 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Raymondville's cost of living. The median monthly rent is $945 (28% below the US median of $1,319), and the median home value sits at $48,200 (84% below the national median of $304,900). At current prices, the median home costs roughly 1.1x the median household income — well within traditional affordability guidelines.

The median household income in Raymondville is $42,148, which is 44% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Raymondville. The area sees an average annual temperature of 74.9°F, with summers averaging 86°F and winters around 62°F. Annual rainfall totals 23.6 inches spread over roughly 87 days. Hot summers are common, which can affect utility costs and lifestyle.

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.