Canyon Lake, TX
Discover how far your salary goes in Canyon Lake. Compare taxes, rent, and living costs.
31,124
None! 🎉
$1,330
/month
-5%
below avg
How far would your salary go in Canyon Lake?
Enter your income to get a personalized breakdown vs 50+ cities
Rent Prices in Canyon Lake
Studio
$1,064
/month
$12,768/year
1 Bedroom
$1,330
/month
$15,960/year
2 Bedroom
$1,796
/month
$21,552/year
3 Bedroom
$2,328
/month
$27,936/year
Taxes in Texas
State Income Tax
Texas
No State Income Tax!
Texas doesn't tax wages—keep more of every paycheck.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Canyon Lake, TX?▼
Canyon Lake has a cost of living index of 114, which is 14% above the national average. A 1-bedroom apartment costs around $1,330/month.
What is the state income tax in Texas?▼
Texas has no state income tax! This can save you thousands of dollars per year compared to states with income tax.
How much is rent in Canyon Lake?▼
The median rent for a 1-bedroom apartment in Canyon Lake is $1,330/month. For a 2-bedroom, expect to pay around $1,796/month. This is 5% below the national average.
Is Canyon Lake a good place to live?▼
Canyon Lake is a town with a population of 31,124. The cost of living is average, making it about average cost for the US. A major advantage is zero state income tax.
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