Cost of Living in Desoto, TX
Housing
The housing market plays a significant role in determining the cost of living in Desoto, TX.
- Housing Index: 90.0 / 100
- Median Home Price is: $342,000
- Average Rent (2 BR Apartment): $1450 per month
- Average Rent (2 BR House): $1500 per month
When considering a move to Desoto, TX, the housing index reflects a favorable environment at 90.0, suggesting that housing costs are slightly below the national average. The median home price of 342000 indicates a viable option for homebuyers, while the average rent for a 2-bedroom apartment stands at 1450 and for a house at 1500. Overall, Desoto offers a balanced market for both rentals and property ownership, making it a practical choice for potential residents. Remember, local amenities, job market, and lifestyle should also influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Desoto, 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 Desoto, 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 Desoto is a financially viable option for your relocation.