Cost of Living in Reno city (Lamar County), TX

With a cost of living index of 84, Reno city (Lamar County), TX is a very affordable place to live. Living here is 16% cheaper than the national average and 3% below the Texas state average of 88. Reno city (Lamar County) is a small community of 3,478 residents.

Housing costs are the biggest factor in Reno city (Lamar County)'s cost of living. The median monthly rent is $1,116 (15% below the US median of $1,319), and the median home value sits at $211,100 (31% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Reno city (Lamar County) is $85,179, which is 13% 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 Reno city (Lamar County). The area sees an average annual temperature of 63.1°F, with summers averaging 81°F and winters around 45°F. Annual rainfall totals 44.4 inches spread over roughly 93 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.