Carrollton, TX Cost Of Living
Cost Of Living In Carrollton, TX Summary
Cost of living in Carrollton 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 Carrollton 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 Carrollton is 120, with 100 being the average.
The cost of living index in Carrollton is 1.2x higher than the national average.
Carrollton ranks as the #352 cheapest in Texas out of 414.
Carrollton ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Carrollton is $401,974.
The median income in Carrollton is $99,115.
Table Of Contents
Carrollton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Carrollton, TX?
According to the most recent data on the cost of living, Carrollton has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Texas, Carrollton has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Carrollton ranks as #352 most affordable out of the 414 places we measured in Texas. By definition, that implies Carrollton ranks as the #62 most expensive place in the Lone Star State.
For more reading on life in Carrollton, check out:
In Texas
In America
Carrollton Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Carrollton. Here is how it fairs on each of the criteria:
The Services index in Carrollton is 121.
The Groceries index in Carrollton is 97.
The Health index in Carrollton is 111.
The Housing index in Carrollton is 144.
The Transportation index in Carrollton is 96.
The Utilities index in Carrollton is 114.
| Living Expense | Carrollton | Texas | National Average | |
|---|---|---|---|---|
| Overall | 120 | 92 | 100 | |
| Services | 121 | 97 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 111 | 93 | 100 | |
| Housing | 144 | 82 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 114 | 104 | 100 | |
Carrollton, 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 Carrollton is $401,974.
The Median Rent in Carrollton is $1,674.
The Median Income in Carrollton is $99,115.
The Home Value To Income in Carrollton is 4.1x.
The Rent To Monthly Income in Carrollton is 0.2x.
| Statistic | Carrollton | Texas | United States |
|---|---|---|---|
| Median Home Value | $401,974 | $298,905 | $303,400 |
| Median Rent | $1,674 | $1,339 | $1,348 |
| Median Income | $99,115 | $76,292 | $78,538 |
| Home Value To Income | 4.1x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Carrollton, TX Costs By Category
Detailed Carrollton Services Costs Vs. Texas
| Item | Carrollton | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $11.85 | $12.13 |
| Bowling | $16.96 | $18 |
| Haircut | $23.57 | $24.26 |
| Beauty Salon | $35.11 | $45.56 |
Detailed Carrollton Groceries Costs Vs. Texas
| Item | Carrollton | Texas |
|---|---|---|
| Ground Beef | $5.44 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.15 | $4.93 |
| Pizza | $11.96 | $12.09 |
| Beer | $10.27 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Carrollton Health Costs Vs. Texas
| Item | Carrollton | Texas |
|---|---|---|
| Optometrist | $96.63 | $125.68 |
| Doctor | $131.0 | $135.78 |
| Dentist | $86.73 | $113.29 |
Detailed Carrollton Transportation Costs Vs. Texas
| Item | Carrollton | Texas |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $66.47 | $59.92 |
Detailed Carrollton Utilities Costs Vs. Texas
| Item | Carrollton | Texas |
|---|---|---|
| All Electricity | $145.64 | $193.99 |
| Phone | $208.71 | $192.25 |
Carrollton SnackAbility
/10
Cost Of Living In Cities Around Carrollton
The cost of living varies in the cities and towns around Carrollton. 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 129, 1.1x Carrollton.
Irving, TX has a cost of living index of 109, 0.9x Carrollton.
Frisco, TX has a cost of living index of 139, 1.2x Carrollton.
| City | Population | Cost Of Living | Vs. Carrollton |
|---|---|---|---|
| Plano, TX | 287,339 | 129 | 1.1x |
| Irving, TX | 255,036 | 109 | 0.9x |
| Frisco, TX | 210,238 | 139 | 1.2x |
| Lewisville, TX | 128,313 | 118 | 1.0x |
| Allen, TX | 107,684 | 129 | 1.1x |
| Flower Mound, TX | 77,886 | 135 | 1.1x |
| Lakewood, WA | 63,034 | 127 | 1.1x |
| Grapevine, TX | 50,875 | 126 | 1.1x |
| Keller, TX | 45,598 | 134 | 1.1x |
| The Colony, TX | 44,916 | 120 | 1.0x |
