Cost of Living in Olney, TX

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17%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
52%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Olney Texas National
Cost of living8394100
Groceries9998100
Health care9898100
Housing4883100
Transportation9498100
Utilities107103100
Lifestyle & Entertainment9598100
Household Items10098100
Education & Childcare9398100
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Homes For Sale In Olney, TX

property for sale

112 W Oak St

Olney, TX
property for sale

1002 W Bloodworth St

Olney, TX
property for sale

1007 W Edwards St

Olney, TX
property for sale

15777 FM 2178

Olney, TX
See the Newest Homes For Sale In Olney, TX

Cost Of Living Quick Facts

  • The cost of living in Olney is 12% lower than the Texas average
  • The cost of living in Olney is 17% lower than the national average
  • Olney housing is 52% lower than the national average
  • Texas general sales tax is 22% higher than the national average
  • Texas state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Olney

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      Salary Calculator

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$82,908$6,909$1,934$2,487
      Renters$21,032$1,753$491$631

      Texas Sales Tax

      State General Sales Tax With Max Surtax
      Texas 6.25% 8.25%

      Texas Income Tax

      State Income Tax (Low) Income Tax (High)
      Texas 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Elbert, TX7982.1%
      Megargel, TX2617327.3%
      Newcastle, TX5897821.8%
      Olney, TX3,1898317.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hicksville, OH3,1898614.2%
      Malabar, FL3,19012121.3%
      Soperton, GA3,1908317.1%
      Buckland No. 491, SK3,190n/a 
      East Brewton, AL3,1918712.8%
      Olney, TX3,1898317.2%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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