According to the most recent data on the cost of living, Kermit has an overall cost of living index of 80 which is 0.8x lower than the national index of 100.
Compared to only Texas, Kermit has a cost of living index that's 0.9x lower than Texas's index of 94.
The standard of living in Kermit ranks as #211 most affordable out of the 6,418 places we measured in Texas. By definition, that implies Kermit ranks as the #6,207 most expensive place in the Lone Star State.
|Living Expense||Kermit||Texas||National Average|
Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|Median Home Value||$77,000||$187,200||$229,800|
|Home Value To Income||1.3x||2.9x||3.5x|
|Rent To Monthly Income||0.17x||0.2x||0.2x|
|City||Population||Cost Of Living||Vs. Kermit|
|West Odessa, TX||26,117||84||1.1x|