Fort Worth, TX Cost Of Living
Cost Of Living In Fort Worth, TX Summary
Cost of living in Fort Worth 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 Fort Worth 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 Fort Worth is 103, with 100 being the average.
The cost of living index in Fort Worth is 1.0x higher than the national average.
Fort Worth ranks as the #265 cheapest in Texas out of 414.
Fort Worth ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Fort Worth is $296,328.
The median income in Fort Worth is $76,602.
Table Of Contents
Fort Worth's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fort Worth, TX?
According to the most recent data on the cost of living, Fort Worth has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Texas, Fort Worth has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Fort Worth ranks as #265 most affordable out of the 414 places we measured in Texas. By definition, that implies Fort Worth ranks as the #149 most expensive place in the Lone Star State.
For more reading on life in Fort Worth, check out:
In Texas
In America
Fort Worth Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Fort Worth. Here is how it fairs on each of the criteria:
The Services index in Fort Worth is 106.
The Groceries index in Fort Worth is 100.
The Health index in Fort Worth is 106.
The Housing index in Fort Worth is 106.
The Transportation index in Fort Worth is 89.
The Utilities index in Fort Worth is 112.
| Living Expense | Fort Worth | Texas | National Average | |
|---|---|---|---|---|
| Overall | 103 | 92 | 100 | |
| Services | 106 | 97 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 106 | 93 | 100 | |
| Housing | 106 | 82 | 100 | |
| Transportation | 89 | 94 | 100 | |
| Utilities | 112 | 104 | 100 | |
Fort Worth, 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 Fort Worth is $296,328.
The Median Rent in Fort Worth is $1,412.
The Median Income in Fort Worth is $76,602.
The Home Value To Income in Fort Worth is 3.9x.
The Rent To Monthly Income in Fort Worth is 0.22x.
| Statistic | Fort Worth | Texas | United States |
|---|---|---|---|
| Median Home Value | $296,328 | $298,905 | $303,400 |
| Median Rent | $1,412 | $1,339 | $1,348 |
| Median Income | $76,602 | $76,292 | $78,538 |
| Home Value To Income | 3.9x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Fort Worth, TX Costs By Category
Detailed Fort Worth Services Costs Vs. Texas
| Item | Fort Worth | 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 Fort Worth Groceries Costs Vs. Texas
| Item | Fort Worth | 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 Fort Worth Health Costs Vs. Texas
| Item | Fort Worth | Texas |
|---|---|---|
| Optometrist | $143.73 | $125.68 |
| Doctor | $140.69 | $135.78 |
| Dentist | $130.53 | $113.29 |
Detailed Fort Worth Transportation Costs Vs. Texas
| Item | Fort Worth | Texas |
|---|---|---|
| Gasoline | $3.09 | $3.46 |
| Tire Balancing | $52.04 | $59.92 |
Detailed Fort Worth Utilities Costs Vs. Texas
| Item | Fort Worth | Texas |
|---|---|---|
| All Electricity | $219.02 | $193.99 |
| Phone | $208.71 | $192.25 |
Fort Worth SnackAbility
/10
Cost Of Living In Cities Around Fort Worth
The cost of living varies in the cities and towns around Fort Worth. Here's a quick look at the cost of living in the most populous nearby places:
Mansfield, TX has a cost of living index of 119, 1.2x Fort Worth.
North Richland Hills, TX has a cost of living index of 110, 1.1x Fort Worth.
Grapevine, TX has a cost of living index of 126, 1.2x Fort Worth.
| City | Population | Cost Of Living | Vs. Fort Worth |
|---|---|---|---|
| Mansfield, TX | 75,398 | 119 | 1.2x |
| North Richland Hills, TX | 70,338 | 110 | 1.1x |
| Grapevine, TX | 50,875 | 126 | 1.2x |
| Bedford, TX | 49,191 | 111 | 1.1x |
| Keller, TX | 45,598 | 134 | 1.3x |
| Hurst, TX | 39,912 | 109 | 1.1x |
| Southlake, TX | 31,044 | 163 | 1.6x |
| Colleyville, TX | 25,906 | 157 | 1.5x |
| Saginaw, TX | 24,467 | 105 | 1.0x |
| Watauga, TX | 23,336 | 107 | 1.0x |
