Cost of Living in Groom, TX
Housing
The housing market plays a significant role in determining the cost of living in Groom, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1563 per month
- Average Rent (2 BR House): $1699 per month
Considering a move to Groom, TX? With a housing index of 98.2, the affordability stands quite favorable, especially with a median home price of 150000. However, it’s concerning that both average rents for a 2-bedroom apartment and house are currently reported as 1563 and 1699, indicating a stagnant rental market. This might reflect a lower demand or economic factors influencing the area. It's essential to explore job opportunities and local amenities, as these can greatly impact your overall living experience in Groom.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Groom, 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 Groom, 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 Groom is a financially viable option for your relocation.