Cost of Living in Colleyville, TX
Housing
The housing market plays a significant role in determining the cost of living in Colleyville, TX.
- Housing Index: 130.7 / 100
- Median Home Price is: $531,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2365 per month
Considering a move to Colleyville, TX? With a housing index of 130.7, the housing market is slightly above the national average, indicating increased home prices and rentals. The median home price stands at 531000, making homeownership a substantial investment. Monthly rents for a 2-bedroom apartment average 2300, while a 2-bedroom house typically goes for 2365. Ensure your budget aligns with these costs, especially as the affordability index may impact your decision. Balance lifestyle and budget carefully when considering this potentially vibrant community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Colleyville, 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 Colleyville, 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 Colleyville is a financially viable option for your relocation.