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Cost of Living in Killeen

Is it better to rent or buy in Killeen? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$61,529
$1,337/mo

Median in area: $1,337

$189,087

Median in area: $189,087

$37,817

If you Rent

🔑
$1,411 /mo
Base Rent$1,337
Est. Utilities$74
% of Income27.5%
Pre-tax Residual$3,716

If you Buy

🏠
$1,446 /mo
P&I (6.986%)$1,005
Taxes & Ins$367
Est. Utilities$74
% of Income28.2%
Pre-tax Residual$3,681

Cost of Living FAQs

Is it cheaper to rent or buy in Killeen?›

Based on median housing data, renting is currently more affordable on a monthly basis in Killeen. The estimated all-in monthly cost for renting is $1,411, while owning a median-priced home with a 20% down payment is roughly $1,446 per month (a difference of $35).

How much do utilities cost in Killeen?›

The average monthly utility cost (electricity and natural gas) for a typical home in Killeen is approximately $74. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Killeen?›

To comfortably afford the median rent and utilities in Killeen without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $56,440 per year.