Cost of Living in Palestine, TX
Housing
The housing market plays a significant role in determining the cost of living in Palestine, TX.
- Housing Index: 85.0 / 100
- Median Home Price is: $197000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $1024 per month
Considering a move to Palestine, TX? The housing index stands at 85.0, indicating affordability compared to national averages. With a median home price of 197000, purchasing a home could offer long-term financial benefit. The average rent for a 2-bedroom apartment is relatively low at 950, along with the average rent for a 2-bedroom house at 1024. Additionally, with housing prices on an upswing nationally, investing now may be wise. Gather more insights and evaluate if this vibrant community aligns with your lifestyle and budget priorities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Palestine, 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.): $200 per month
Living in Palestine, 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 $200 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 Palestine is a financially viable option for your relocation.