Cost of Living in Denton, TX
Housing
The housing market plays a significant role in determining the cost of living in Denton, TX.
- Housing Index: 115.0 / 100
- Median Home Price is: $345,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
In Denton, TX, the housing market presents a notable index of 115.0, indicating a community that may be pricier than average. With a median home price of 345000 and average rents of 1800 for a 2BR apartment and 1840 for a 2BR house, financial considerations are essential when moving here. It's important to weigh factors such as amenities, local schools, and commute times in the decision-making process, alongside the cost of housing. This data highlights both opportunities and challenges for prospective residents looking to make Denton their new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Denton, 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 Denton, 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 Denton is a financially viable option for your relocation.