Cost of Living

aerial view of copperas cove neighborhood

Affordable Living in Central Texas

Copperas Cove offers an affordable cost of living while providing access to amenities and services across Central Texas. With a cost of living approximately 20% lower than the national average and a slightly lower cost of living than nearby communities, Copperas Cove is an appealing option for those looking to settle in the Central Texas region. 

Copperas Cove Snapshot

$225K

Average Home Value
Zillow Home Values Index, March 2026

$879/mo

2BR Apartment, Avg
Apartments.com Rental Market Trends, April 2026

80.3

Cost of Living Index
BestPlaces.net

$0.686419

Property Tax Rate
Per $100 Valuation, City of Copperas Cove

Housing

While median home prices across the Killeen-Temple metro are approximately $270,000, homes in Copperas Cove remain significantly lower, around $225,000. This is around 25% less than the average Texas home value, and nearly 40% less than the average US home value, making Copperas Cove a more attainable option for home ownership. 

For those moving to Central Texas, Copperas Cove also offers a significantly more cost-effective alternative to larger markets like the Austin metro.

Renters can find a range of options across apartments and single-family homes:

  • 1-3 bedroom apartments: $630 - $1,035

  • 3-4 bedroom homes: $1,404 - $1,812

Source: Apartments.com, April 2026

Cost of Living

The cost of living in Copperas Cove is approximately 20% lower than the national average, and about 14% lower than the Texas average, making Copperas Cove an affordable community to live in.

Cost of Living

Copperas Cove

Texas

United States

Overall

80.3

94.2

100

Grocery

90.5

93.7

100

Health

101.6

100

100

Utilities

99.1%

99.2%

100%

Transportation

85.7

103.3

100

Miscellaneous

79.4

83.2

100.0

100 = National Average

Curious About Cove?

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Strong Schools & Education

Why Copperas Cove is a great place to learn
couple enjoying food from a food truck

A Connected Community

A small-knit and diverse community
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Career Development

CTE, certificates, and degree programs