Cost of Living in Muleshoe, TX
Cost of Living in Muleshoe, TX has an overall index of 67, 33% below the U.S. baseline of 100. The typical home value is $100,100; typical monthly rent is $745; and median household income is $71,534.
Cost index: committed city housing/rent inputs and BEA 2024 state nonmetro price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. 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.
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Frequently asked questions about Muleshoe
Living in Muleshoe
Is Muleshoe, TX an affordable place to live?+
Yes — everyday expenses in Muleshoe run about 33% below the US average (Cost Index: 67). Housing is especially affordable: the median home is valued around $100,100, compared to the $303,400 national median. Monthly rent is $745, versus $1,348 nationally.
How does Muleshoe fit a household housing budget?+
Start with housing. Typical monthly rent is $745, while local median household income is $71,534. That implies a rent-burden proxy of about 12% 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 Muleshoe, TX?+
This model applies no broad Texas wage-income tax. Applying the 1.6% state-level effective owner-occupied proxy to a home worth $100,100 gives a planning estimate near $1,602 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 Muleshoe, TX?+
The typical monthly rent in Muleshoe is around $745. That's roughly 45% lower than the $1,348 national median. For comparison, the median home value here is $100,100, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Muleshoe, TX?+
The typical home value in Muleshoe is $100,100. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $486/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 76% of residents here own their homes.
Are groceries and utilities expensive in Muleshoe?+
Grocery prices in Muleshoe are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is Muleshoe, TX like to live in?+
Muleshoe is a small town with a population of about 5,328. The median age of residents is 33.4, which is close to the national median. The local poverty rate is 12.86%, near the national average of 12.4%.