States › Texas › Taylor

Is Taylor, TX expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$95546% lower than U.S. average
💵 Families earn per year (2026)$81,435about $6,786/month · 6% lower than U.S. average
🔑 House price$285,80014% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.5 years of household income. Commutes are long, about 30.4 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $38,200 a year. That is $18 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 49 of 426 cities from cheapest to most expensive.

Taylor
$955
$1,094
$1,207
$2,811
$1,964
$1,353
$1,919

How much do households earn in Taylor?

Under $25k
10.0%
$25k–50k
22.6%
$50k–100k
42.6%
$100k–150k
15.0%
$150k+
6.2%

Share of households by yearly income. 21.2% of households earn $100,000 or more.

Rent by apartment size in Taylor

SizeTaylorU.S. average
1 bedroom$969$1,324
2 bedrooms$1,253$1,509
3 bedrooms$1,646$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Taylor overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Taylor, so the Texas figure is shown.

Taxes and bills in Taylor

🏛️ Property tax$4,438a year · 1.55% of home value · U.S. $3,119
⚡ Electric bill$173a month (typical) · U.S. $156

Life in Taylor

Commute to work30.4 minU.S.: 26.4 min
College degree20.4%U.S.: 35.7%
Own their home74.6%U.S.: 65.2%
Below poverty line7.7%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Taylor?

Renting is cheaper right now: about $1,028 a month less.

Renting
$955
Owning
$1,983

Owning assumes a typical $285,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,580 for the down payment.

Frequently asked questions

What is the average rent in Taylor, TX?

Renting in Taylor costs a median of about $955 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Taylor?

To keep rent under 30% of income, you need about $38,200 a year, or $18 an hour at a full-time job.

Is Taylor cheap or expensive?

Taylor is rated Cheap: rent takes 14.1% of the typical household income of $81,435. It ranks 49th cheapest of 426 Texas cities we track.

How much are property taxes in Taylor?

The median homeowner in Taylor pays $4,438 a year in property taxes, about 1.55% of the median home value.

Is Taylor 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 Taylor?

The median home value in Taylor is $285,800, about 3.5 times the typical yearly household income.

17,136 people live in Taylor. Numbers are typical (middle) values.