Cost of Living in Carthage, TX

Housing

The housing market plays a significant role in determining the cost of living in Carthage, TX.

• Housing Index: 85.0 / 100
• Median Home Price is: $166100
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1276 per month

When considering a move to Carthage, TX, the provided housing index of 85.0 indicates a relatively affordable market. The median home price stands at 166100, making homeownership feasible for many. Renting a 2-bedroom apartment averages 1200, while a 2-bedroom house costs slightly more at 1276. These rental figures suggest a competitive rental market, appealing particularly for families or professionals. Additionally, it's worthwhile to note that housing market trends can vary—check for local amenities and job opportunities to facilitate a more informed decision on relocating.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Carthage, 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 Carthage, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 92.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $42788

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Carthage, TX, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.