Cost of Living in Marshall, TX
Housing
The housing market plays a significant role in determining the cost of living in Marshall, TX.
- Housing Index: Data is updating
- Median Home Price is: $187,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Marshall, TX, it's important to note its population of and median age of years, indicating a relatively youthful demographic. With a median income of , residents may experience a decent standard of living; however, a poverty level of % and an unemployment rate of % suggest economic challenges that could impact community resources. Additionally, only % of households are married families, which reflects diverse family dynamics that may influence social structure. Weighing these factors carefully will assist in making a well-informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marshall, 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.): Data is updating
Living in Marshall, 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 data unavailable 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 Marshall is a financially viable option for your relocation.