Cost of Living in Gordon, TX
Housing
The housing market plays a significant role in determining the cost of living in Gordon, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $196,000
- Average Rent (2 BR Apartment): $1563 per month
- Average Rent (2 BR House): $1699 per month
When considering a move to Gordon, TX, the housing index stands at 98.2, indicating affordability compared to national averages. The median home price of 196000 suggests a reasonable entry point for homebuyers, while average rents for a 2-bedroom apartment and house are set at 1563 and 1699 respectively. This pricing hints at a balanced rental market, appealing for both renters and buyers. Additionally, the cost of living and local amenities may further influence your decision, making Gordon a viable option for families and individuals alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Gordon, 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 Gordon, 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 Gordon is a financially viable option for your relocation.