Cost of Living in Tyler, TX
Housing
The housing market plays a significant role in determining the cost of living in Tyler, TX.
- Housing Index: 85.0 / 100
- Median Home Price is: $238000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1399 per month
When considering a move to Tyler, TX, the overall housing index stands at 85.0, indicating affordability compared to other regions. The median home price at 238000 suggests a reasonable entry point for homeownership. Average rents for a 2-bedroom apartment and house—1200 and 1399, respectively—point to a growing rental market. With moderate living costs, the area may attract young families and professionals seeking a balanced lifestyle. Remember, it's essential to factor in employment opportunities and quality of life when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tyler, 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 Tyler, 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 Tyler is a financially viable option for your relocation.