Cost of Living in Chico, TX
Housing
The housing market plays a significant role in determining the cost of living in Chico, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): $1563 per month
- Average Rent (2 BR House): $1699 per month
Based on the available data for Chico, TX, you will find a median home price of 250000. However, the housing index is notably missing (0.0), which suggests an uncertainty in the local market trends or possibly a lack of available data. Additionally, both the average rents for a 2-bedroom apartment and house are also indicated as zero, which could suggest limited rental opportunities. With the home price set in the mid-range, potential buyers should thoroughly evaluate their budget alongside the housing market dynamics in Chico before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Chico, 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.): $235 per month
Living in Chico, 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 $235 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 Chico is a financially viable option for your relocation.