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2024 BEA RPP All 4 categories Federal source

Killeen-Temple, TX

Cost-of-living indicators for Killeen-Temple, TX, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 28660 · Data year: 2024 · Rank: #265 of 387

Killeen-Temple, TX has a cost of living index of 91.1, meaning it's 8.9% less expensive than the national average. Goods cost 6.2% less, services 18.8% less, and rents are 22.1% below average. A $100K national salary has the purchasing power of $109,731 here.

What the Numbers Mean for Killeen

Killeen ranks #265 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.1, Killeen-Temple, TX is 8.9% less expensive than the national baseline of 100. The gap between Killeen's most and least expensive categories — the priciest line item versus rents at 77.9 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $109,731 inside Killeen, while a household needs roughly $91,132 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 77.9 — 22.1% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Killeen's overall index has fallen by 3.3 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.8 and services at 81.2, meaning everyday spending in Killeen is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Killeen Cost Index at a Glance

Killeen all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10091.1

Killeen category breakdown

BEA RPP composition by goods, services, rents, overall

Rents77.884Services81.242Goods93.757Overall91.132

Price Index Summary

Overall

91.1

-8.9 below avg

Goods

93.8

-6.2 below avg

Services

81.2

-18.8 below avg

Rents

77.9

-22.1 below avg

Price Index vs National Average (100)

Overall
National avg

Index 91.1 (-8.9 vs national avg)

Goods
National avg

Index 93.8 (-6.2 vs national avg)

Services
National avg

Index 81.2 (-18.8 vs national avg)

Rents
National avg

Index 77.9 (-22.1 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -22.1% (77.9)
Services -18.8% (81.2)
Overall -8.9% (91.1)
Goods -6.2% (93.8)

Income Adequacy in Killeen

Killeen income adequacy score

$75,000 median income vs RPP 91.1

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$91,132

in Killeen-Temple, TX purchasing power

$50,000 nationally
$45,566
$75,000 nationally
$68,349
$125,000 nationally
$113,915
$150,000 nationally
$136,698
$200,000 nationally
$182,264

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.3 points over this period.

Year Overall
2008 94.5
2009 92.0
2010 94.3
2011 95.3
2012 94.1
2013 95.1
2014 95.3
2015 94.6
2016 95.2
2017 94.1
2018 91.9
2019 92.0
2020 91.9
2021 93.3
2022 91.4
2023 92.3
2024 91.1

Metros with Similar Cost of Living

These metros have an overall RPP closest to Killeen-Temple, TX's index of 91.1.

Related Data for Killeen

Frequently Asked Questions

What is the cost of living in Killeen-Temple, TX?
Killeen-Temple, TX has a Regional Price Parity (RPP) index of 91.1, meaning it is 8.9% less expensive than the national average. Goods are indexed at 93.8, services at 81.2, and rents at 77.9. It ranks #265 out of 387 U.S. metro areas by overall cost.
What salary do I need in Killeen-Temple, TX to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,132 in Killeen-Temple, TX. Conversely, $100K earned in Killeen-Temple, TX has the purchasing power of $109,731 at the national average.
How expensive is rent in Killeen-Temple, TX?
Rents in Killeen-Temple, TX are indexed at 77.9, which is 22.1% below the national average. This makes the area relatively affordable for renters.
Is Killeen-Temple, TX getting more expensive?
From 2008 to 2024, Killeen-Temple, TX's overall cost index changed by -3.3 points (from 94.5 to 91.1). The cost of living has been declining.
What metros have a similar cost of living to Killeen-Temple, TX?
Metros with the most similar overall cost index include Staunton-Stuarts Draft, Lewiston, Spartanburg. These areas have RPP values within a few points of Killeen-Temple, TX's 91.1.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page