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: $345000
• 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 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: 106.7

Median Income

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

• Median Income: $71921

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 Denton, 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.