Texas, the land of exquisite barbeques, entertaining live music, and other features you will never find elsewhere. This state is loved by country music lovers, art enthusiasts, and sports fans worldwide. Because of the state’s unparalleled benefits, you may expect it to be pricey living here. But the cost of living in Texas is around 6 percent cheaper than the national average, making it a very affordable location to live.
In this blog post, we will help you choose among The 7 Cheapest Places to Live in Texas in order for you to find which affordable home best suits you!
Cheapest Places to Live in Texas
This list will begin with the home of Baylor University, which is well-known throughout the country. Waco offers a diverse range of educational and religious opportunities and excellent retail and dining alternatives. Furthermore, individuals in this area benefit from the availability of affordable housing. We found from recent data on the Movoto website that the median list price in Waco is $290,500.
Moving on, we are going to visit the lively city of Amarillo. Here, you get to experience great steak and unique theaters. If you ever get the chance to see the beauty of this place, make sure to visit Cadillac Ranch, Palo Duro Canyon State Park, Wonderland Amusement Park, or Amarillo Museum of Art. And if you ever decide to settle in this city, you will be glad to know the low housing rates here. The typical home value of homes in Amarillo is $172,080, says Zillow. Furthermore, Payscale states that the cost of living in this area is 14 percent lower than the national average. And that is not the only impressive thing about this city. As of 2021, the unemployment rate in Amarillo is 4 percent, which is lower than the state average of 5.6 percent. Furthermore, the meat-packing business is a significant employer in the city, and Amarillo is responsible for producing nearly one-quarter of all beef produced in the United States.
For this next place on our list, we are moving on to one of the most populated areas in Texas. According to the World Population Review, Lubbock County has an estimated population of 316,453, with a growth rate of 0.94 percent over the previous year. Furthermore, some of the reasons people love to move and live here are the family-friendly community, top-tier cuisine, and fantastic music scene. And if you are looking for more reasons to choose this city, consider the affordability. Here, you will find that the start-up costs are more inexpensive in this area, that housing prices are competitive, and that the cost of living is comparable to that of less-populated regions. The Best Places website revealed that the estimated median home price for homes in Lubbock is $168,100. And if you are looking to settle and find a job here, you will be glad to know that each year, the city of Lubbock sees a tremendous increase in its workforce. So if you are looking for a place with a growing workforce and an affordable housing market, this is the place to be.
For this next item on our list, the Best Places website estimates the homes in Laredo to be $161,400. The affordable rates are not only limited to housing costs, so this is the perfect place if you want to save money. And this is not the only thing you will love about this place. There are several social places in the city, and the schools are above average in terms of academic achievement. In addition, the city has developed an atmosphere that is friendly to business, resulting in the creation of employment opportunities. Basically, this is the ideal place for everyone, especially those on a budget looking to get the most out of their money. And before you move here, you should know that people here widely speak Spanish and English, or “Spanglish,” as one may call it. So you should be aware of at least the basics of both languages to communicate effectively with the residents.
Next up, we will visit the highly preferred among singles, young professionals, retirees, and families alike. Brownsville’s location makes it an excellent city for outdoor activities like running, walking, and biking. Not only that, but this place is also one of the best cities in Texas thanks to its natural beauty, lively history and culture, family values, and prospects for economic growth. Of course, the next best reason to move here is the affordability. According to Zillow, the typical home value of homes in Brownsville is $139,680. To top it all off, you can also enjoy the beautiful beaches here all year long.
In this next location, the Zillow website revealed that the homes in Beaumont have an average price of $138,421. This city is undoubtedly one of the best places to raise a family. Why? For one, there are a lot of fun and unique adventures you can do here to witness the town’s charm. Additionally, residents here enjoy a high earning potential, a plethora of cultural amenities, and friendly people.
#1 Wichita Falls
It is now time to reveal the cheapest city to live in Texas. As we read from the recent figures released by the Home website, Wichita Falls offers a median home value of $131,700. Not only that, but this city also provides its residents with significantly more affordable transportation costs. And if you are looking to retire, this place should also be on the top of your list. But before packing your bags, you should be prepared for the heat, especially in the summer. Apart from the Desert Southwest, the region has some of the hottest summer temperatures in the country.