Cost of Living in Denver city, TX
Housing
The housing market plays a significant role in determining the cost of living in Denver city, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $194,900
- Average Rent (2 BR Apartment): $1563 per month
- Average Rent (2 BR House): $1699 per month
In a potential move to Denver city, TX, you’ll encounter a median home price of 194900, an attractive figure that points to affordability compared to many urban areas. However, the lack of data on the housing index and average rents for 2-bedroom apartments and houses indicates potential housing market instability or a minimal rental market presence. If you prioritize owning a home over renting, this may be beneficial; yet be cautious and conduct further research on the local economy and community amenities to ensure a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Denver city, 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 Denver city, 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 Denver city is a financially viable option for your relocation.