The housing market plays a significant role in determining the cost of living in Port arthur, TX.
In analyzing the housing market in Port arthur, TX, we see a housing index of 85.0, indicating relatively affordable living options. The median home price stands at 159000, which is favorable for prospective buyers. Renters should note that the average rent for a 2-bedroom apartment is 1200, while a comparable 2-bedroom house averages 1360. This data suggests that whether buying or renting, living in Port arthur appears economically feasible compared to national averages. Overall, Port arthur might be a viable option if you prioritize affordability and access to housing.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Port arthur, TX.
Living in Port arthur, 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Port arthur, TX, consider the following factors: