Cost of living in Grand Prairie 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 Grand Prairie 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 Grand Prairie is 106, with 100 being the average.
The cost of living index in Grand Prairie is 1.1x higher than the national average.
Grand Prairie ranks as the #284 cheapest in Texas out of 414.
Grand Prairie ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Grand Prairie is $313,456.
The median income in Grand Prairie is $78,889.
According to the most recent data on the cost of living, Grand Prairie has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Texas, Grand Prairie has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Grand Prairie ranks as #284 most affordable out of the 414 places we measured in Texas. By definition, that implies Grand Prairie ranks as the #130 most expensive place in the Lone Star State.
For more reading on life in Grand Prairie, check out:
Six factors go into calculating the cost of living index in Grand Prairie. Here is how it fairs on each of the criteria:
The Services index in Grand Prairie is 109.
The Groceries index in Grand Prairie is 99.
The Health index in Grand Prairie is 107.
The Housing index in Grand Prairie is 101.
The Transportation index in Grand Prairie is 87.
The Utilities index in Grand Prairie is 112.
| Living Expense | Grand Prairie | Texas | National Average | |
|---|---|---|---|---|
| Overall | 106 | 92 | 100 | |
| Services | 109 | 97 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 107 | 93 | 100 | |
| Housing | 101 | 82 | 100 | |
| Transportation | 87 | 94 | 100 | |
| Utilities | 112 | 104 | 100 | |
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 Grand Prairie is $313,456.
The Median Rent in Grand Prairie is $1,470.
The Median Income in Grand Prairie is $78,889.
The Home Value To Income in Grand Prairie is 4.0x.
The Rent To Monthly Income in Grand Prairie is 0.22x.
| Statistic | Grand Prairie | Texas | United States |
|---|---|---|---|
| Median Home Value | $313,456 | $298,905 | $303,400 |
| Median Rent | $1,470 | $1,339 | $1,348 |
| Median Income | $78,889 | $76,292 | $78,538 |
| Home Value To Income | 4.0x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.21x |
| Item | Grand Prairie | 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 |
| Item | Grand Prairie | 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 |
| Item | Grand Prairie | Texas |
|---|---|---|
| Optometrist | $143.73 | $125.68 |
| Doctor | $140.69 | $135.78 |
| Dentist | $130.53 | $113.29 |
| Item | Grand Prairie | Texas |
|---|---|---|
| Gasoline | $3.09 | $3.46 |
| Tire Balancing | $52.04 | $59.92 |
| Item | Grand Prairie | Texas |
|---|---|---|
| All Electricity | $219.02 | $193.99 |
| Phone | $208.71 | $192.25 |
The cost of living varies in the cities and towns around Grand Prairie. Here's a quick look at the cost of living in the most populous nearby places:
Arlington, TX has a cost of living index of 107, 1.0x Grand Prairie.
Mansfield, TX has a cost of living index of 119, 1.1x Grand Prairie.
North Richland Hills, TX has a cost of living index of 110, 1.0x Grand Prairie.
| City | Population | Cost Of Living | Vs. Grand Prairie |
|---|---|---|---|
| Arlington, TX | 394,769 | 107 | 1.0x |
| Mansfield, TX | 75,398 | 119 | 1.1x |
| North Richland Hills, TX | 70,338 | 110 | 1.0x |
| Euless, TX | 60,373 | 109 | 1.0x |
| DeSoto, TX | 55,896 | 105 | 1.0x |
| Grapevine, TX | 50,875 | 126 | 1.2x |
| Bedford, TX | 49,191 | 111 | 1.0x |
| Cedar Hill, TX | 48,547 | 107 | 1.0x |
| Coppell, TX | 42,029 | 135 | 1.3x |
| Hurst, TX | 39,912 | 109 | 1.0x |