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 95, with 100 being the average.
The cost of living index in Fort Worth is 0.9x lower than the national average.
Fort Worth ranks as the #269 cheapest in Texas out of 405.
Fort Worth ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Fort Worth is $212,300.
The median income in Fort Worth is $67,927.
Table Of Contents
Fort Worth's Overall Cost Of Living
Lower 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 95, which is 0.9x lower than the national index of 100.
Compared to Texas, Fort Worth has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Fort Worth ranks as #269 most affordable out of the 405 places we measured in Texas. By definition, that implies Fort Worth ranks as the #136 most expensive place in the Lone Star State.
For more reading on life in Fort Worth, check out:
- Living In Fort Worth
- Fort Worth Crime Report
- Search Homes For Sale In Fort Worth, TX
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 99.
The Groceries index in Fort Worth is 99.
The Health index in Fort Worth is 97.
The Housing index in Fort Worth is 80.
The Transportation index in Fort Worth is 85.
The Utilities index in Fort Worth is 109.
| Living Expense | Fort Worth | Texas | National Average | |
|---|---|---|---|---|
| Overall | 95 | 92 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 99 | 93 | 100 | |
| Health | 97 | 93 | 100 | |
| Housing | 80 | 84 | 100 | |
| Transportation | 85 | 92 | 100 | |
| Utilities | 109 | 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 2017-2021. The key points are:
The Median Home Value in Fort Worth is $212,300.
The Median Rent in Fort Worth is $1,187.
The Median Income in Fort Worth is $67,927.
The Home Value To Income in Fort Worth is 3.1x.
The Rent To Monthly Income in Fort Worth is 0.21x.
| Statistic | Fort Worth | Texas | United States |
|---|---|---|---|
| Median Home Value | $212,300 | $202,600 | $244,900 |
| Median Rent | $1,187 | $1,146 | $1,163 |
| Median Income | $67,927 | $67,321 | $69,021 |
| Home Value To Income | 3.1x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
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 | $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 Fort Worth Groceries Costs Vs. Texas
| Item | Fort Worth | 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 Fort Worth Health Costs Vs. Texas
| Item | Fort Worth | Texas |
|---|---|---|
| Optometrist | $92.25 | $108.57 |
| Doctor | $91.05 | $116.17 |
| Dentist | $108.33 | $99.13 |
Detailed Fort Worth Transportation Costs Vs. Texas
| Item | Fort Worth | Texas |
|---|---|---|
| Gasoline | $1.83 | $2.22 |
| Tire Balancing | $47.98 | $50.07 |
Detailed Fort Worth Utilities Costs Vs. Texas
| Item | Fort Worth | Texas |
|---|---|---|
| All Electricity | $187.94 | $167.67 |
| Phone | $184.73 | $175.64 |
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 102, 1.1x Fort Worth.
North Richland Hills, TX has a cost of living index of 99, 1.0x Fort Worth.
Grapevine, TX has a cost of living index of 109, 1.1x Fort Worth.
| City | Population | Cost Of Living | Vs. Fort Worth |
|---|---|---|---|
| Mansfield, TX | 71,375 | 102 | 1.1x |
| North Richland Hills, TX | 69,817 | 99 | 1.0x |
| Grapevine, TX | 50,548 | 109 | 1.1x |
| Bedford, TX | 49,576 | 97 | 1.0x |
| Keller, TX | 45,190 | 117 | 1.2x |
| Hurst, TX | 40,114 | 94 | 1.0x |
| Southlake, TX | 30,754 | 150 | 1.6x |
| Colleyville, TX | 25,827 | 136 | 1.4x |
| Saginaw, TX | 23,676 | 93 | 1.0x |
| Watauga, TX | 23,649 | 93 | 1.0x |
