Cost of Living in Paris, TX

Housing

The housing market plays a significant role in determining the cost of living in Paris, TX.

• Housing Index: 85.0 / 100
• Median Home Price is: $177000
• Average Rent (2 BR Apartment): $1000 per month
• Average Rent (2 BR House): $960 per month

Analyzing the housing situation in Paris, TX, with a housing index of 85.0, indicates that this community may be affordable compared to the national average. The median home price is 177000, making homeownership accessible to many. Renting a 2-bedroom apartment averages 1000, while a 2-bedroom house averages 960. With both rental options being fairly reasonable, potential residents can choose between renting and buying based on their financial situation. Overall, Paris offers good opportunities for those seeking to relocate without overspending on housing, backed by a strong local economy.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Paris, 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 Paris, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 90.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $44022

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Paris, TX, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.