Farmers Branch, TX Cost Of Living

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

Cost Of Living In Farmers Branch, TX Summary

Cost of living in Farmers Branch 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 Farmers Branch 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 Farmers Branch is 100, with 100 being the average.

  • The cost of living index in Farmers Branch is 1.0x lower than the national average.

  • Farmers Branch ranks as the #315 cheapest in Texas out of 405.

  • Farmers Branch ranks as the #3,149 cheapest out of 6,412 in the US.

  • The median home value in Farmers Branch is $233,600.

  • The median income in Farmers Branch is $77,306.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
100
Farmers Branch's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Farmers Branch, TX?

According to the most recent data on the cost of living, Farmers Branch has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.

Compared to Texas, Farmers Branch has a cost of living index that's 1.1x higher than Texas's index of 92.

The standard of living in Farmers Branch ranks as #315 most affordable out of the 405 places we measured in Texas. By definition, that implies Farmers Branch ranks as the #90 most expensive place in the Lone Star State.

For more reading on life in Farmers Branch, check out:

315 out of 405
In Texas
3,149 out of 6,412
In America

Farmers Branch Cost Of Living Vs. Texas

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

  • The Services index in Farmers Branch is 107.

  • The Groceries index in Farmers Branch is 102.

  • The Health index in Farmers Branch is 113.

  • The Housing index in Farmers Branch is 92.

  • The Transportation index in Farmers Branch is 92.

  • The Utilities index in Farmers Branch is 106.

Living Expense Farmers Branch Texas National Average
Overall 100 92 100
Services 107 96 100
Groceries 102 93 100
Health 113 93 100
Housing 92 84 100
Transportation 92 92 100
Utilities 106 104 100
For more reading on cost of living around Texas, check out:
Farmers Branch Cost of Living Vs. TX

Farmers Branch, 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 Farmers Branch is $233,600.

  • The Median Rent in Farmers Branch is $1,499.

  • The Median Income in Farmers Branch is $77,306.

  • The Home Value To Income in Farmers Branch is 3.0x.

  • The Rent To Monthly Income in Farmers Branch is 0.23x.

Statistic Farmers Branch Texas United States
Median Home Value $233,600 $202,600 $244,900
Median Rent $1,499 $1,146 $1,163
Median Income $77,306 $67,321 $69,021
Home Value To Income 3.0x 3.0x 3.5x
Rent To Monthly Income 0.23x 0.2x 0.2x
Search Homes For Sale In Farmers Branch, TX
$233,600
Median Home Value
$1,499
Median Rent
$77,306
Median Income

Farmers Branch, TX Costs By Category

Detailed Farmers Branch Services Costs Vs. Texas

Item Farmers Branch Texas
Shampoo $1.03 $1.06
Movie $11.18 $10.68
Bowling $21.14 $14.67
Haircut $27.33 $18.62
Beauty Salon $44.45 $39.05

Detailed Farmers Branch Groceries Costs Vs. Texas

Item Farmers Branch Texas
Ground Beef $4.42 $4.22
Fried Chicken $1.48 $1.39
Milk $1.97 $2.05
Potatoes $3.62 $3.29
Pizza $9.44 $10.62
Beer $10.12 $9.38
Toothpaste $2.57 $2.34

Detailed Farmers Branch Health Costs Vs. Texas

Item Farmers Branch Texas
Optometrist $97.86 $108.57
Doctor $121.08 $116.17
Dentist $133.84 $99.13

Detailed Farmers Branch Transportation Costs Vs. Texas

Item Farmers Branch Texas
Gasoline $1.92 $2.22
Tire Balancing $53.65 $50.07

Detailed Farmers Branch Utilities Costs Vs. Texas

Item Farmers Branch Texas
All Electricity $188.78 $167.67
Phone $185.48 $175.64

Farmers Branch SnackAbility

8
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
6
Diversity
9.5
Safety
7
Amenities
9
Education
8
Commute
8

Cost Of Living In Cities Around Farmers Branch

The cost of living varies in the cities and towns around Farmers Branch. 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, 1.1x Farmers Branch.

  • Irving, TX has a cost of living index of 97, 1.0x Farmers Branch.

  • Frisco, TX has a cost of living index of 120, 1.2x Farmers Branch.

City Population Cost Of Living Vs. Farmers Branch
Plano, TX 282,181 114 1.1x
Irving, TX 254,184 97 1.0x
Frisco, TX 193,140 120 1.2x
Carrollton, TX 131,388 105 1.1x
Richardson, TX 115,904 110 1.1x
Lewisville, TX 110,077 100 1.0x
Allen, TX 102,778 110 1.1x
Flower Mound, TX 75,050 117 1.2x
The Colony, TX 43,489 102 1.0x
Coppell, TX 42,420 121 1.2x

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