Killeen Makes New List of Top 10 Cheapest Places To Live in Texas
The cost of living may be rising, but a new list ranks Killeen, Texas as one of the top 10 cheapest places to live in the state.
Cost of Living in Texas
Several major Texas cities and surrounding areas have a cost of living that is 15% or more below the national average, according to . The National Low Income Housing Coalition reports the average worker in the United States needs to make $25.82 per hour to afford a two-bedroom rental home. In Texas, the number is slightly lower, at $22 per hour.
According to moneytalksnews.com, the Texas comptroller’s office has determined that an area can be described as 'cheap' if there is a low cost of living, available jobs, and a high quality of life. The center for demographics in Texas reports over 380,000 new residents since 2020. This makes up 55% of the population growth in the state for the last two years, and many of those people are looking for a less expensive place to live.
Cheapest Places to Live in Texas
According to moneytalksnews.com, the cost of living in Temple, Texas is 18% lower than the national average, with a current population of 85,416. The city of Temple is also planning for growth and working with residents on long-range goals for the community to better serve the increasing population.
Killeen's cost of living is 18.2% lower than the national average, with a population of 156,261 as of 2021. The City of Killeen's website states that for the second year in a row, the city's tax rate has been lowered.