Rent is lower than in 65% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $54,760 a year. That is $26 an hour at a full-time job.
Is rent cheaper than other Texas cities?
Yes. Rent here is cheaper than in most of Texas. It is number 185 of 426 cities from cheapest to most expensive.
How much do households earn in Big Spring?
Share of households by yearly income. 20.1% of households earn $100,000 or more.
Rent by apartment size in Big Spring
| Size | Big Spring | U.S. average |
|---|---|---|
| Studio | $947 | $1,338 |
| 1 bedroom | $804 | $1,324 |
| 2 bedrooms | $1,093 | $1,509 |
| 3 bedrooms | $1,348 | $1,698 |
| 4 bedrooms | $1,465 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Big Spring overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Big Spring, so the Texas figure is shown.
Taxes and bills in Big Spring
Life in Big Spring
Is it cheaper to rent or buy in Big Spring?
Buying is cheaper month to month: about $396 a month less than renting.
Owning assumes a typical $140,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,020 for the down payment.
Frequently asked questions
What is the average rent in Big Spring, TX?
Renting in Big Spring costs a median of about $1,369 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Big Spring?
To keep rent under 30% of income, you need about $54,760 a year, or $26 an hour at a full-time job.
Is Big Spring cheap or expensive?
Big Spring is rated OK: rent takes 22.5% of the typical household income of $72,886. It ranks 185th cheapest of 426 Texas cities we track.
How much are property taxes in Big Spring?
The median homeowner in Big Spring pays $1,420 a year in property taxes, about 1.01% of the median home value.
Is Big Spring more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Big Spring?
The median home value in Big Spring is $140,200, about 1.9 times the typical yearly household income.
23,975 people live in Big Spring. Numbers are typical (middle) values.