Cost of Living in Carrollton, TX
Housing
The housing market plays a significant role in determining the cost of living in Carrollton, TX.
- Housing Index: 105.0 / 100
- Median Home Price is: $400,000
- Average Rent (2 BR Apartment): $1447 per month
- Average Rent (2 BR House): $1573 per month
In analyzing the real estate landscape of Carrollton, TX, it’s evident that the housing index stands at 105.0, suggesting that home prices are relatively stable compared to national averages. The median home price of 400000 indicates a solid investment opportunity, especially for those looking to purchase rather than rent, as the average rent for a 2-bedroom apartment is 1447 and for a 2-bedroom house is 1573. Remember, considering local job markets and amenities is crucial in making a well-informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Carrollton, 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 Carrollton, 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 Carrollton is a financially viable option for your relocation.