Cost of Living in Groves, TX
Housing
The housing market plays a significant role in determining the cost of living in Groves, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $174,000
- Average Rent (2 BR Apartment): $1280 per month
- Average Rent (2 BR House): $1391 per month
When considering a move to Groves, TX, the housing data reveals a very favorable median home price of 174000. This low price point suggests an affordable entry into the housing market, even though the data indicates a housing index of 98.2. Residents can potentially expect attractive rental options given that both average rents for a 2-bedroom apartment and a house are listed as 1280 and 1391, respectively. Such affordability could indicate a relaxed lifestyle with more disposable income for leisure activities or savings. Always consider local amenities and community factors when deciding!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Groves, 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 Groves, 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 Groves is a financially viable option for your relocation.