Denison, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Denison, TX Summary

Cost of living in Denison research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Denison is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Denison is 83, with 100 being the average.

  • The cost of living index in Denison is 0.8x lower than the national average.

  • Denison ranks as the #96 cheapest in Texas out of 405.

  • Denison ranks as the #491 cheapest out of 6,412 in the US.

  • The median home value in Denison is $111,700.

  • The median income in Denison is $52,784.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
83
Denison's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Denison, TX?

According to the most recent data on the cost of living, Denison has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.

Compared to Texas, Denison has a cost of living index that's 0.9x lower than Texas's index of 92.

The standard of living in Denison ranks as #96 most affordable out of the 405 places we measured in Texas. By definition, that implies Denison ranks as the #309 most expensive place in the Lone Star State.

For more reading on life in Denison, check out:

96 out of 405
In Texas
491 out of 6,412
In America

Denison Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Denison. Here is how it fairs on each of the criteria:

  • The Services index in Denison is 97.

  • The Groceries index in Denison is 92.

  • The Health index in Denison is 89.

  • The Housing index in Denison is 55.

  • The Transportation index in Denison is 84.

  • The Utilities index in Denison is 104.

Living Expense Denison Texas National Average
Overall 83 92 100
Services 97 96 100
Groceries 92 93 100
Health 89 93 100
Housing 55 84 100
Transportation 84 92 100
Utilities 104 104 100
For more reading on cost of living around Texas, check out:
Denison Cost of Living Vs. TX

Denison, TX Housing Cost Breakdown

Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Denison is $111,700.

  • The Median Rent in Denison is $954.

  • The Median Income in Denison is $52,784.

  • The Home Value To Income in Denison is 2.1x.

  • The Rent To Monthly Income in Denison is 0.22x.

Statistic Denison Texas United States
Median Home Value $111,700 $202,600 $244,900
Median Rent $954 $1,146 $1,163
Median Income $52,784 $67,321 $69,021
Home Value To Income 2.1x 3.0x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x
Search Homes For Sale In Denison, TX
$111,700
Median Home Value
$954
Median Rent
$52,784
Median Income

Denison, TX Costs By Category

Detailed Denison Services Costs Vs. Texas

Item Denison Texas
Shampoo $0.93 $1.06
Movie $7.5 $10.68
Bowling $16.0 $14.67
Haircut $20.85 $18.62
Beauty Salon $40.36 $39.05

Detailed Denison Groceries Costs Vs. Texas

Item Denison Texas
Ground Beef $4.41 $4.22
Fried Chicken $1.27 $1.39
Milk $1.72 $2.05
Potatoes $2.85 $3.29
Pizza $12.32 $10.62
Beer $9.99 $9.38
Toothpaste $1.95 $2.34

Detailed Denison Health Costs Vs. Texas

Item Denison Texas
Optometrist $83.0 $108.57
Doctor $86.91 $116.17
Dentist $95.33 $99.13

Detailed Denison Transportation Costs Vs. Texas

Item Denison Texas
Gasoline $1.88 $2.22
Tire Balancing $41.67 $50.07

Detailed Denison Utilities Costs Vs. Texas

Item Denison Texas
All Electricity $172.81 $167.67
Phone $182.48 $175.64

Denison SnackAbility

4
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
8
Diversity
8
Safety
5
Amenities
8
Education
6
Commute
8.5

Cost Of Living In Cities Around Denison

The cost of living varies in the cities and towns around Denison. Here's a quick look at the cost of living in the most populous nearby places:

  • Plano, TX has a cost of living index of 114, 1.4x Denison.

  • Frisco, TX has a cost of living index of 120, 1.4x Denison.

  • McKinney, TX has a cost of living index of 112, 1.3x Denison.

City Population Cost Of Living Vs. Denison
Plano, TX 282,181 114 1.4x
Frisco, TX 193,140 120 1.4x
McKinney, TX 189,394 112 1.3x
Denton, TX 139,704 102 1.2x
Allen, TX 102,778 110 1.3x
Lakewood, WA 62,972 115 1.4x
Little Elm, TX 45,124 107 1.3x
Sherman, TX 43,273 86 1.0x
Gainesville, TX 17,146 84 1.0x
Providence, UT 8,199 106 1.3x

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