Mineral Wells, TX Cost Of Living

The latest cost of living statistics for Mineral Wells. Includes statistics on rent, mortgages, healthcare, and other costs for Mineral Wells compared to the state and national averages.

Cost of living in Mineral Wells, Texas

Cost of living in Mineral Wells research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Mineral Wells is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

90 Cost of living index 0.9x lower vs US
#115 Cheapest in Texas (of 419)
#1,055 Cheapest in the U.S. (of 6,489)
$202,108 Median home value
$1,077 Median rent
$55,929 Median income
Not sure Mineral Wells fits your budget? Try our place-match quiz →

What is the cost of living in Mineral Wells, TX?

According to the most recent data on the cost of living, Mineral Wells has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Texas, Mineral Wells has a cost of living index that's 1.0x lower than Texas's index of 93.

The standard of living in Mineral Wells ranks as #115 most affordable out of the 419 places we measured in Texas. By definition, that implies Mineral Wells ranks as the #304 most expensive place in the Lone Star State.

For more reading on life in Mineral Wells, check out:

Mineral Wells Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Mineral Wells. Here is how it fares on each of the criteria:

  • The Services index in Mineral Wells is 98.

  • The Groceries index in Mineral Wells is 98.

  • The Health index in Mineral Wells is 66.

  • The Housing index in Mineral Wells is 96.

  • The Transportation index in Mineral Wells is 106.

  • The Utilities index in Mineral Wells is 100.

Living Expense Mineral Wells Texas National Average
Overall 90 93 100
Services 98 100 100
Groceries 98 99 100
Health 66 81 100
Housing 96 97 100
Transportation 106 103 100
Utilities 100 100 100

Mineral Wells Cost Of Living Compared To Texas Averages

Services
Mineral Wells 98
Texas avg 100
Groceries
Mineral Wells 98
Texas avg 99
Health
Mineral Wells 66
Texas avg 81
Housing
Mineral Wells 96
Texas avg 97
Transportation
Mineral Wells 106
Texas avg 103
Utilities
Mineral Wells 100
Texas avg 100

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Texas, check out:

Protect your home budget Compare home warranties in Mineral Wells Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Mineral Wells, TX Housing Cost Breakdown

$202,108Median Home Value
$1,077Median Rent
$55,929Median Income

Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Mineral Wells is $202,108.

  • The Median Rent in Mineral Wells is $1,077.

  • The Median Income in Mineral Wells is $55,929.

  • The Home Value To Income in Mineral Wells is 3.6x.

  • The Rent To Monthly Income in Mineral Wells is 0.23x.

Statistic Mineral Wells Texas United States
Median Home Value $202,108 $300,957 $332,700
Median Rent $1,077 $1,403 $1,413
Median Income $55,929 $78,476 $80,734
Home Value To Income 3.6x 3.8x 4.1x
Rent To Monthly Income 0.23x 0.21x 0.21x

Mineral Wells, TX Costs By Category

Detailed Mineral Wells Services costs vs. Texas
Item Mineral Wells Texas
Shampoo $1.3 $1.28
Movie $14.6 $12.13
Bowling $24.53 $18
Haircut $33.29 $24.26
Beauty Salon $65.85 $45.56
Detailed Mineral Wells Groceries costs vs. Texas
Item Mineral Wells Texas
Ground Beef $5.23 $5.84
Fried Chicken $1.74 $1.57
Milk $4.65 $4.67
Potatoes $4.93 $4.93
Pizza $11.3 $12.09
Beer $10.93 $10.41
Toothpaste $3.57 $3.7
Detailed Mineral Wells Health costs vs. Texas
Item Mineral Wells Texas
Optometrist $143.73 $125.68
Doctor $140.69 $135.78
Dentist $130.53 $113.29
Detailed Mineral Wells Transportation costs vs. Texas
Item Mineral Wells Texas
Gasoline $3.09 $3.46
Tire Balancing $52.04 $59.92
Detailed Mineral Wells Utilities costs vs. Texas
Item Mineral Wells Texas
All Electricity $219.02 $193.99
Phone $208.71 $192.25

Mineral Wells SnackAbility

3Overall SnackAbility
Jobs 5/10
Housing 6/10
Affordability 8/10
Diversity 8.5/10
Safety 5/10
Amenities 8/10
Education 5/10
Commute 6/10

Cost Of Living In Cities Around Mineral Wells

The cost of living varies in the cities and towns around Mineral Wells. Here's a quick look at the cost of living in the most populous nearby places:

  • Fort Worth, TX has a cost of living index of 104, 1.2x Mineral Wells.

  • Burleson, TX has a cost of living index of 106, 1.2x Mineral Wells.

  • Weatherford, TX has a cost of living index of 103, 1.1x Mineral Wells.

City Population Cost Of Living Vs. Mineral Wells
Fort Worth, TX 963,194 104 1.2x
Burleson, TX 52,918 106 1.2x
Weatherford, TX 35,788 103 1.1x
Saginaw, TX 24,970 102 1.1x
Benbrook, TX 24,557 104 1.2x
Watauga, TX 23,233 101 1.1x
Stephenville, TX 21,682 95 1.1x
Crowley, TX 19,532 100 1.1x
White Settlement, TX 18,150 96 1.1x
Forest Hill, TX 14,062 93 1.0x