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.

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A total of three cities in Central Texas made the list, including Temple and Waco.

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 salary.com. 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.