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Cost & Benefits

Cost of living in Canyon, Texas

Simple answer

Typical rent is $984 a month.

Canyon is a city in Texas. That rent number includes utilities. A typical household earns $69,772 a year.

Is Canyon affordable?See benefits in Canyon
People
15,723
Census average, 2020–2024
Typical rent
$984
Median gross rent, includes utilities
Typical pay
$69,772
Median household income, yearly
Typical home
$240,300
Median home value
2-bedroom fair rent
$1,107
Amarillo, TX HUD Metro FMR Area

Canyon, Texas has about 15,723 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $240,300.

HUD's fair-market rent for a 2-bedroom in Randall County is $1,107 a month. That is the county number, not an apartment listing in Canyon. It runs from October 2026 through September 2027.

In the Amarillo, TX metro area, prices sit at 91.8 when the U.S. average is 100. That is a 2024 BEA index.

Texas does not tax wages. A typical combined sales tax is 8.2% as of January 1, 2026. That mix is statewide, not Canyon's exact store tax.

In July 2026, a typical Texas home paid 15.88¢ per kilowatt-hour. That is a state average from EIA, not Canyon's bill.

In 2025, all-grades gas in Texas averaged $2.76 a gallon. EIA prints this yearly price for only some states.

Among 885 places we list in Texas with a rent figure, 575 have higher typical rent than Canyon.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near CanyonWhat EBT can buy in Texas

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Texas

Bigger places in Texas

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.