Cost of Living in Canyon, TX
Overall index: 79 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 63 | -37% | $683 |
| Transportation | 97 | -3% | $3.50 |
| Food | 91 | -9% | $373 |
| Utilities | 82 | -18% | $113 |
| Healthcare | 82 | -18% | $82 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Canyon?
A single adult living comfortably in Canyon, TX needs approximately $27,650 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Canyon, TX?
The overall cost of living in Canyon, TX is 21% lower than the US national average (index: 79 where 100 = national average).
How much is rent in Canyon, TX?
Average rent for a 1-bedroom apartment in Canyon, TX is about $683/month.
Is Canyon, TX expensive to live in?
No, Canyon, TX is affordable (below national average).
What salary do I need to live in Canyon, TX?
A single adult needs roughly $27,650/year to cover basic living costs in Canyon, TX.