Cost of Living in Rockwall, TX
Housing
The housing market plays a significant role in determining the cost of living in Rockwall, TX.
- Housing Index: 110.0 / 100
- Median Home Price is: $364000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1620 per month
Considering a move to Rockwall, TX? With a housing index of 110.0, indicating that the cost of housing is moderately higher than the national average, the median home price stands at 364000, making homeownership an attractive option depending on your circumstances. Average rents for a 2BR apartment reach 1600 and for a 2BR house at 1620 suggest a competitive rental market. Evaluate your priorities carefully between renting and buying; this region could offer both opportunities and challenges in the housing landscape.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rockwall, 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 Rockwall, 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 Rockwall is a financially viable option for your relocation.