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 116, with 100 being the average.
The cost of living index in Denton is 1.2x higher than the national average.
Denton ranks as the #342 cheapest in Texas out of 414.
Denton ranks as the #4,151 cheapest out of 6,489 in the US.
The median home value in Denton is $352,463.
The median income in Denton is $73,719.
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 116, which is 1.2x higher than the national index of 100.
Compared to Texas, Denton has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Denton ranks as #342 most affordable out of the 414 places we measured in Texas. By definition, that implies Denton ranks as the #72 most expensive place in the Lone Star State.
For more reading on life in Denton, check out:
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 121.
The Groceries index in Denton is 99.
The Health index in Denton is 111.
The Housing index in Denton is 125.
The Transportation index in Denton is 92.
The Utilities index in Denton is 116.
| Living Expense | Denton | Texas | National Average | |
|---|---|---|---|---|
| Overall | 116 | 92 | 100 | |
| Services | 121 | 97 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 111 | 93 | 100 | |
| Housing | 125 | 82 | 100 | |
| Transportation | 92 | 94 | 100 | |
| Utilities | 116 | 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 2019-2023. The key points are:
The Median Home Value in Denton is $352,463.
The Median Rent in Denton is $1,344.
The Median Income in Denton is $73,719.
The Home Value To Income in Denton is 4.8x.
The Rent To Monthly Income in Denton is 0.22x.
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 139, 1.2x Denton.
Lewisville, TX has a cost of living index of 118, 1.0x Denton.
Flower Mound, TX has a cost of living index of 135, 1.2x Denton.
| City | Population | Cost Of Living | Vs. Denton |
|---|---|---|---|
| Frisco, TX | 210,238 | 139 | 1.2x |
| Lewisville, TX | 128,313 | 118 | 1.0x |
| Flower Mound, TX | 77,886 | 135 | 1.2x |
| Lakewood, WA | 63,034 | 127 | 1.1x |
| Little Elm, TX | 51,426 | 125 | 1.1x |
| Grapevine, TX | 50,875 | 126 | 1.1x |
| The Colony, TX | 44,916 | 120 | 1.0x |
| Coppell, TX | 42,029 | 135 | 1.2x |
| Southlake, TX | 31,044 | 163 | 1.4x |
| Corinth, TX | 22,868 | 124 | 1.1x |
