Flower Mound, TX Cost Of Living
Cost Of Living In Flower Mound, TX Summary
Cost of living in Flower Mound 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 Flower Mound 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 Flower Mound is 117, with 100 being the average.
The cost of living index in Flower Mound is 1.2x higher than the national average.
Flower Mound ranks as the #378 cheapest in Texas out of 405.
Flower Mound ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Flower Mound is $398,500.
The median income in Flower Mound is $145,153.
Table Of Contents
Flower Mound's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Flower Mound, TX?
According to the most recent data on the cost of living, Flower Mound has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Texas, Flower Mound has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Flower Mound ranks as #378 most affordable out of the 405 places we measured in Texas. By definition, that implies Flower Mound ranks as the #27 most expensive place in the Lone Star State.
For more reading on life in Flower Mound, check out:
- Living In Flower Mound
- Flower Mound Crime Report
- Search Homes For Sale In Flower Mound, TX
In Texas
In America
Flower Mound Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Flower Mound. Here is how it fairs on each of the criteria:
The Services index in Flower Mound is 103.
The Groceries index in Flower Mound is 96.
The Health index in Flower Mound is 100.
The Housing index in Flower Mound is 163.
The Transportation index in Flower Mound is 88.
The Utilities index in Flower Mound is 108.
| Living Expense | Flower Mound | Texas | National Average | |
|---|---|---|---|---|
| Overall | 117 | 92 | 100 | |
| Services | 103 | 96 | 100 | |
| Groceries | 96 | 93 | 100 | |
| Health | 100 | 93 | 100 | |
| Housing | 163 | 84 | 100 | |
| Transportation | 88 | 92 | 100 | |
| Utilities | 108 | 104 | 100 | |
Flower Mound, 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 Flower Mound is $398,500.
The Median Rent in Flower Mound is $1,861.
The Median Income in Flower Mound is $145,153.
The Home Value To Income in Flower Mound is 2.7x.
The Rent To Monthly Income in Flower Mound is 0.15x.
| Statistic | Flower Mound | Texas | United States |
|---|---|---|---|
| Median Home Value | $398,500 | $202,600 | $244,900 |
| Median Rent | $1,861 | $1,146 | $1,163 |
| Median Income | $145,153 | $67,321 | $69,021 |
| Home Value To Income | 2.7x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Flower Mound, TX Costs By Category
Detailed Flower Mound Services Costs Vs. Texas
| Item | Flower Mound | Texas |
|---|---|---|
| Shampoo | $0.99 | $1.06 |
| Movie | $10.24 | $10.68 |
| Bowling | $18.08 | $14.67 |
| Haircut | $27.56 | $18.62 |
| Beauty Salon | $53.57 | $39.05 |
Detailed Flower Mound Groceries Costs Vs. Texas
| Item | Flower Mound | Texas |
|---|---|---|
| Ground Beef | $5.2 | $4.22 |
| Fried Chicken | $1.87 | $1.39 |
| Milk | $1.92 | $2.05 |
| Potatoes | $2.67 | $3.29 |
| Pizza | $9.31 | $10.62 |
| Beer | $9.8 | $9.38 |
| Toothpaste | $2.7 | $2.34 |
Detailed Flower Mound Health Costs Vs. Texas
| Item | Flower Mound | Texas |
|---|---|---|
| Optometrist | $92.25 | $108.57 |
| Doctor | $91.05 | $116.17 |
| Dentist | $108.33 | $99.13 |
Detailed Flower Mound Transportation Costs Vs. Texas
| Item | Flower Mound | Texas |
|---|---|---|
| Gasoline | $1.83 | $2.22 |
| Tire Balancing | $47.98 | $50.07 |
Detailed Flower Mound Utilities Costs Vs. Texas
| Item | Flower Mound | Texas |
|---|---|---|
| All Electricity | $187.94 | $167.67 |
| Phone | $184.73 | $175.64 |
Flower Mound SnackAbility
/10
Cost Of Living In Cities Around Flower Mound
The cost of living varies in the cities and towns around Flower Mound. 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, 1.0x Flower Mound.
Carrollton, TX has a cost of living index of 105, 0.9x Flower Mound.
Bedford, TX has a cost of living index of 97, 0.8x Flower Mound.
| City | Population | Cost Of Living | Vs. Flower Mound |
|---|---|---|---|
| Frisco, TX | 193,140 | 120 | 1.0x |
| Carrollton, TX | 131,388 | 105 | 0.9x |
| Bedford, TX | 49,576 | 97 | 0.8x |
| Keller, TX | 45,190 | 117 | 1.0x |
| The Colony, TX | 43,489 | 102 | 0.9x |
| Coppell, TX | 42,420 | 121 | 1.0x |
| Southlake, TX | 30,754 | 150 | 1.3x |
| Colleyville, TX | 25,827 | 136 | 1.2x |
| Watauga, TX | 23,649 | 93 | 0.8x |
| Corinth, TX | 22,216 | 107 | 0.9x |
