Cost of Living in Abilene, TX
Cost of Living in Abilene, TX has an overall index of 86, 14% below the U.S. baseline of 100. The typical home value is $178,900; typical monthly rent is $1,758; and median household income is $62,720.
Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Zillow ZORI market signal as of 2026-02. A place-level signal, not a personal affordability decision or financial recommendation.
Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.
Can your household carry the housing cost?
Start with four decisions. Open advanced assumptions only when you need to replace the local defaults.
Enter your income and housing plan to see a household-specific estimate.
Compare Abilene with another place.
Search one destination and see which housing and local-cost categories change most.
Inspect the numbers when you need them.
Other Texas cities with a useful tradeoff.
Recommendations require usable housing and income data and exclude very small places for a city of this scale.
Frequently asked questions about Abilene
Living in Abilene
Is Abilene, TX an affordable place to live?+
Yes — everyday expenses in Abilene run about 14% below the US average (Cost Index: 86). Housing is especially affordable: the median home is valued around $178,900, compared to the $303,400 national median. Monthly rent is $1,758, versus $1,348 nationally.
How does Abilene fit a household housing budget?+
Start with housing. Typical monthly rent is $1,758, while local median household income is $62,720. That implies a rent-burden proxy of about 34% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Abilene, TX?+
This model applies no broad Texas wage-income tax. Applying the 1.6% state-level effective owner-occupied proxy to a home worth $178,900 gives a planning estimate near $2,862 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 8.19%.
How much does it cost to rent in Abilene, TX?+
The typical monthly rent in Abilene is around $1,758. That's about 30% higher than the $1,348 national median. For comparison, the median home value here is $178,900, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Abilene, TX?+
The typical home value in Abilene is $178,900. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $868/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 56% of residents here own their homes.
Are groceries and utilities expensive in Abilene?+
Grocery prices in Abilene are more affordable compared to the rest of the US (index: 94, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 81). Both help keep your monthly expenses lower than in many parts of the country.
What is Abilene, TX like to live in?+
Abilene is a mid-sized city with a population of about 127,130. The median age of residents is 32.8, which is close to the national median. The local poverty rate is 14.81%, near the national average of 12.4%.