Cost of Living in Flower mound, TX
Housing
The housing market plays a significant role in determining the cost of living in Flower mound, TX.
- Housing Index: 120.0 / 100
- Median Home Price is: $515000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2040 per month
Considering a move to Flower mound, TX? The housing index of 120.0 indicates that the cost of living is above the national average. With a median home price of 515000, homeownership may feel inaccessible for some. The average rent for a 2-bedroom apartment is currently 2100 and a 2-bedroom house rents for 2040. This dynamic suggests that while renting is an option, it could limit your long-term financial flexibility compared to owning. Take these factors into account as you make your decision!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Flower mound, 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 Flower mound, 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 Flower mound is a financially viable option for your relocation.