Balch Springs, TX Cost Of Living
Cost Of Living In Balch Springs, TX Summary
Cost of living in Balch Springs 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 Balch Springs 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 Balch Springs is 98, with 100 being the average.
The cost of living index in Balch Springs is 1.0x lower than the national average.
Balch Springs ranks as the #222 cheapest in Texas out of 414.
Balch Springs ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Balch Springs is $220,099.
The median income in Balch Springs is $70,528.
Table Of Contents
Balch Springs's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Balch Springs, TX?
According to the most recent data on the cost of living, Balch Springs has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Texas, Balch Springs has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Balch Springs ranks as #222 most affordable out of the 414 places we measured in Texas. By definition, that implies Balch Springs ranks as the #192 most expensive place in the Lone Star State.
For more reading on life in Balch Springs, check out:
In Texas
In America
Balch Springs Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Balch Springs. Here is how it fairs on each of the criteria:
The Services index in Balch Springs is 108.
The Groceries index in Balch Springs is 102.
The Health index in Balch Springs is 108.
The Housing index in Balch Springs is 78.
The Transportation index in Balch Springs is 91.
The Utilities index in Balch Springs is 110.
| Living Expense | Balch Springs | Texas | National Average | |
|---|---|---|---|---|
| Overall | 98 | 92 | 100 | |
| Services | 108 | 97 | 100 | |
| Groceries | 102 | 97 | 100 | |
| Health | 108 | 93 | 100 | |
| Housing | 78 | 82 | 100 | |
| Transportation | 91 | 94 | 100 | |
| Utilities | 110 | 104 | 100 | |
Balch Springs, 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 2019-2023. The key points are:
The Median Home Value in Balch Springs is $220,099.
The Median Rent in Balch Springs is $1,260.
The Median Income in Balch Springs is $70,528.
The Home Value To Income in Balch Springs is 3.1x.
The Rent To Monthly Income in Balch Springs is 0.21x.
| Statistic | Balch Springs | Texas | United States |
|---|---|---|---|
| Median Home Value | $220,099 | $298,905 | $303,400 |
| Median Rent | $1,260 | $1,339 | $1,348 |
| Median Income | $70,528 | $76,292 | $78,538 |
| Home Value To Income | 3.1x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Balch Springs, TX Costs By Category
Detailed Balch Springs Services Costs Vs. Texas
| Item | Balch Springs | Texas |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $14.6 | $12.13 |
| Bowling | $24.53 | $18 |
| Haircut | $33.29 | $24.26 |
| Beauty Salon | $65.85 | $45.56 |
Detailed Balch Springs Groceries Costs Vs. Texas
| Item | Balch Springs | Texas |
|---|---|---|
| Ground Beef | $5.23 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.65 | $4.67 |
| Potatoes | $4.93 | $4.93 |
| Pizza | $11.3 | $12.09 |
| Beer | $10.93 | $10.41 |
| Toothpaste | $3.57 | $3.7 |
Detailed Balch Springs Health Costs Vs. Texas
| Item | Balch Springs | Texas |
|---|---|---|
| Optometrist | $143.73 | $125.68 |
| Doctor | $140.69 | $135.78 |
| Dentist | $130.53 | $113.29 |
Detailed Balch Springs Transportation Costs Vs. Texas
| Item | Balch Springs | Texas |
|---|---|---|
| Gasoline | $3.09 | $3.46 |
| Tire Balancing | $52.04 | $59.92 |
Detailed Balch Springs Utilities Costs Vs. Texas
| Item | Balch Springs | Texas |
|---|---|---|
| All Electricity | $219.02 | $193.99 |
| Phone | $208.71 | $192.25 |
Balch Springs SnackAbility
/10
Cost Of Living In Cities Around Balch Springs
The cost of living varies in the cities and towns around Balch Springs. Here's a quick look at the cost of living in the most populous nearby places:
Dallas, TX has a cost of living index of 106, 1.1x Balch Springs.
Garland, TX has a cost of living index of 110, 1.1x Balch Springs.
Mesquite, TX has a cost of living index of 102, 1.0x Balch Springs.
| City | Population | Cost Of Living | Vs. Balch Springs |
|---|---|---|---|
| Dallas, TX | 1,299,553 | 106 | 1.1x |
| Garland, TX | 245,298 | 110 | 1.1x |
| Mesquite, TX | 148,848 | 102 | 1.0x |
| Richardson, TX | 118,269 | 123 | 1.3x |
| Rowlett, TX | 64,139 | 121 | 1.2x |
| DeSoto, TX | 55,896 | 105 | 1.1x |
| Rockwall, TX | 49,605 | 121 | 1.2x |
| Duncanville, TX | 39,879 | 101 | 1.0x |
| Sachse, TX | 29,075 | 122 | 1.2x |
| Forney, TX | 28,222 | 110 | 1.1x |
