Canyon, TX
Discover how far your salary goes in Canyon. Compare taxes, rent, and living costs.
14,836
None! 🎉
$1,260
/month
-10%
below avg
How far would your salary go in Canyon?
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Rent Prices in Canyon
Studio
$1,008
/month
$12,096/year
1 Bedroom
$1,260
/month
$15,120/year
2 Bedroom
$1,701
/month
$20,412/year
3 Bedroom
$2,205
/month
$26,460/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, TX?▼
Canyon has a cost of living index of 112, which is 12% above the national average. A 1-bedroom apartment costs around $1,260/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?▼
The median rent for a 1-bedroom apartment in Canyon is $1,260/month. For a 2-bedroom, expect to pay around $1,701/month. This is 10% below the national average.
Is Canyon a good place to live?▼
Canyon is a town with a population of 14,836. 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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