Cost of Living in Groveton, TX
Housing
The housing market plays a significant role in determining the cost of living in Groveton, TX.
- Housing Index: 85.0 / 100
- Median Home Price is: $103000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1600 per month
Considering your potential move to Groveton, TX, the current housing index at 85.0 indicates a moderately affordable cost of living. With the median home price at 103000, purchasing a home could be a wise financial decision, especially compared to average rent prices of 1200 for apartments and 1600 for houses. Additionally, take into account the local job market, amenities, and community before finalizing your decision, as these factors greatly influence overall satisfaction in your new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Groveton, 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 Groveton, 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 Groveton is a financially viable option for your relocation.