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: $342000
• 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 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: 98.5

Median Income

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

• Median Income: $81736

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 Desoto, 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.