Cost of Living in North richland hills, TX
Housing
The housing market plays a significant role in determining the cost of living in North richland hills, TX.
- Housing Index: 110.5 / 100
- Median Home Price is: $260000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1872 per month
Considering a move to North richland hills, TX? With a housing index of 110.5, the cost of living is relatively higher, making it crucial to budget accordingly. The median home price stands at 260000, indicating an investment that may require significant savings. Renters should expect to pay an average of 1800 for a 2-bedroom apartment or 1872 for a house. While these figures might seem steep, they reflect the demand and potential for property value appreciation. It's advisable to evaluate your long-term lifestyle goals alongside these financial commitments.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North richland hills, 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 North richland hills, 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 North richland hills is a financially viable option for your relocation.