Cost of living in Carthage, Texas

Carthage, Texas has about 6,601 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $164,200.

HUD's fair-market rent for a 2-bedroom in Panola County is $1,060 a month. That is the county number, not an apartment listing in Carthage. It runs from October 2026 through September 2027.

Texas's prices sit at 97.1 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Texas does not tax wages. A typical combined sales tax is 8.2% as of January 1, 2026. That mix is statewide, not Carthage'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 Carthage'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, 752 have higher typical rent than Carthage.