Cost of Living in Pharr, TX
Housing
The housing market plays a significant role in determining the cost of living in Pharr, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $209,000
- Average Rent (2 BR Apartment): $980 per month
- Average Rent (2 BR House): $1065 per month
Analyzing the housing data for Pharr, TX, it's evident that the housing index of 98.2 suggests a competitive housing market. With a median home price of 209000, potential buyers can find offerings that may be more affordable compared to larger urban areas. The average rent for a 2BR apartment is 980, while renting a 2BR house averages 1065. This indicates both options are relatively reasonable, although renting a house will cost a bit more. Consider your lifestyle preferences and long-term investment goals when deciding.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pharr, 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 Pharr, 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 Pharr is a financially viable option for your relocation.