Elmo, TX Economy

Elmo, TX is a small city located in Texas. This city provides its residents with a low cost of living compared to the nationwide average. The average rent for two bedroom apartments in Elmo is $1,270 per month whereas the nation wide rate is $1,430. Additionally, the Grocery Cost Index in Elmo stands at 96 compared to 100 in the US. This can potentially allow individuals to save hundreds on groceries each year. Major employers within the area range from Tyson Foods to Walmart Supercenter and provide numerous job opportunities for residents. With its affordable housing and other expenses, Elmo is an ideal location for those looking to live comfortably on a budget.