Cost of Living: Denton, TX vs Texarkana, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denton | Texarkana |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $345,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1280 |
Housing Comparison: Denton vs Texarkana
- In Denton, the median home price is higher at $345,000, while in Texarkana it is $158,000.
- Renting a two-bedroom apartment costs more in Denton at $1,800 than in Texarkana at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denton | Texarkana |
|---|---|---|
| Electricity Price | $14.47 | $12.36 |
| Natural Gas Price | $26.29 | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Denton vs Texarkana
- Electricity costs are higher in Denton at $14.47 per kWh, compared to $12.36 in Texarkana.
- Natural gas is more expensive in Denton at $26.29 per unit, while it is cheaper at $17.08 in Texarkana.
- Utility expenses are equal in both Denton and Texarkana averaging $250.