Denton, TX Cost Of Living
Cost Of Living In Denton, TX Summary
Cost of living in Denton 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 Denton 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 Denton is 102, with 100 being the average.
The cost of living index in Denton is 1.0x higher than the national average.
Denton ranks as the #330 cheapest in Texas out of 405.
Denton ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Denton is $257,500.
The median income in Denton is $65,168.
Table Of Contents
Denton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Denton, TX?
According to the most recent data on the cost of living, Denton has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Texas, Denton has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Denton ranks as #330 most affordable out of the 405 places we measured in Texas. By definition, that implies Denton ranks as the #75 most expensive place in the Lone Star State.
For more reading on life in Denton, check out:
- Living In Denton
- Denton Crime Report
- Search Homes For Sale In Denton, TX
In Texas
In America
Denton Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Denton. Here is how it fairs on each of the criteria:
The Services index in Denton is 110.
The Groceries index in Denton is 97.
The Health index in Denton is 77.
The Housing index in Denton is 93.
The Transportation index in Denton is 101.
The Utilities index in Denton is 109.
| Living Expense | Denton | Texas | National Average | |
|---|---|---|---|---|
| Overall | 102 | 92 | 100 | |
| Services | 110 | 96 | 100 | |
| Groceries | 97 | 93 | 100 | |
| Health | 77 | 93 | 100 | |
| Housing | 93 | 84 | 100 | |
| Transportation | 101 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Denton, 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 Denton is $257,500.
The Median Rent in Denton is $1,164.
The Median Income in Denton is $65,168.
The Home Value To Income in Denton is 4.0x.
The Rent To Monthly Income in Denton is 0.21x.
| Statistic | Denton | Texas | United States |
|---|---|---|---|
| Median Home Value | $257,500 | $202,600 | $244,900 |
| Median Rent | $1,164 | $1,146 | $1,163 |
| Median Income | $65,168 | $67,321 | $69,021 |
| Home Value To Income | 4.0x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Denton, TX Costs By Category
Detailed Denton Services Costs Vs. Texas
Detailed Denton Groceries Costs Vs. Texas
Detailed Denton Health Costs Vs. Texas
Detailed Denton Transportation Costs Vs. Texas
Detailed Denton Utilities Costs Vs. Texas
Denton SnackAbility
/10
Cost Of Living In Cities Around Denton
The cost of living varies in the cities and towns around Denton. Here's a quick look at the cost of living in the most populous nearby places:
Frisco, TX has a cost of living index of 120, 1.2x Denton.
Lewisville, TX has a cost of living index of 100, 1.0x Denton.
Flower Mound, TX has a cost of living index of 117, 1.1x Denton.
| City | Population | Cost Of Living | Vs. Denton |
|---|---|---|---|
| Frisco, TX | 193,140 | 120 | 1.2x |
| Lewisville, TX | 110,077 | 100 | 1.0x |
| Flower Mound, TX | 75,050 | 117 | 1.1x |
| Lakewood, WA | 62,972 | 115 | 1.1x |
| Grapevine, TX | 50,548 | 109 | 1.1x |
| Little Elm, TX | 45,124 | 107 | 1.0x |
| The Colony, TX | 43,489 | 102 | 1.0x |
| Coppell, TX | 42,420 | 121 | 1.2x |
| Southlake, TX | 30,754 | 150 | 1.5x |
| Corinth, TX | 22,216 | 107 | 1.0x |
