Cost of Living in Graham, TX
Housing
The housing market plays a significant role in determining the cost of living in Graham, TX.
- Housing Index: 90.0 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1172 per month
- Average Rent (2 BR House): $1274 per month
When considering a move to Graham, TX, the housing index stands at a relatively affordable 95.0, suggesting that overall housing costs are lower than the national average. While the median home price is not available, it may indicate a strong rental market with average rents for a 2-bedroom apartment currently at $1200 and a house at $1250. Before making a decision, it's worth noting that the absence of a median home price could denote potential opportunities for investors or new residents looking to rent in a growing community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Graham, 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.): $200 per month
Living in Graham, 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 $200 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 Graham is a financially viable option for your relocation.