Cost of Living in Frisco, TX
Housing
The housing market plays a significant role in determining the cost of living in Frisco, TX.
- Housing Index: 125.0 / 100
- Median Home Price is: $497,000
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2480 per month
Considering moving to Frisco, TX? The housing index stands at 125.0, indicating the overall cost of living in relation to the national average. With a median home price of 497000 and average rent for a 2-bedroom apartment at 2400 and a house at 2480, it suggests a competitive real estate market. While this can be a barrier for buyers due to higher prices, rental options may provide flexible living arrangements. Keep in mind, population growth and amenities can 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 Frisco, 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.): $275 per month
Living in Frisco, 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 $275 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 Frisco is a financially viable option for your relocation.