Cost of Living in McAllen, TX
2024 data from the Bureau of Economic Analysis
Cost Index
85.9
14.1% below avg
Housing Index
55.9
Median Income
$49,371
Median Rent
$875/mo
Cost Breakdown
Overall85.9 (-14.1%)
Housing55.9 (-44.1%)
Goods93.8 (-6.2%)
Utilities81.2 (-18.8%)
Other Services96.2 (-3.8%)
National average = 100
Income & Housing
Median Household Income
$49,371/year
Median Home Value
$112,700
Median Monthly Rent
$875/mo
Per Capita Income
$20,844/year
Compare McAllen, TX With
Frequently Asked Questions
Is McAllen, TX expensive to live in?
McAllen, TX has a cost of living index of 85.9, which is 14.1% below the national average.
How much does housing cost in McAllen, TX?
Housing costs in McAllen, TX are indexed at 55.9 compared to the national average of 100. The median monthly rent is $875.
What is the average income in McAllen, TX?
The median household income in McAllen, TX is $49,371 per year.
What is the average home price in McAllen, TX?
The median home value in McAllen, TX is $112,700.