Cost of Living in Whitney, TX
Housing
The housing market plays a significant role in determining the cost of living in Whitney, TX.
- Housing Index: 110.0 / 100
- Median Home Price is: $183,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1650 per month
When considering a move to Whitney, TX, the current housing index sits at 110.0, which indicates moderate demand in the area. With a median home price of 183000, homeownership may be accessible for many. Renting, though, tends to be on the higher side, with average rents for a 2-bedroom apartment at 1600 and a 2-bedroom house at 1650. It's essential to weigh both renting and buying options, keeping in mind local average wages and job opportunities, which significantly influence your long-term financial commitment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Whitney, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Whitney, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Whitney is a financially viable option for your relocation.