Highland Park, TX Cost Of Living

The latest cost of living statistics for Highland Park. Includes statistics on rent, mortgages, healthcare, and other costs for Highland Park compared to the state and national averages.

Cost of living in Highland Park, Texas

Cost of living in Highland Park 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 Highland Park 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:

256 Cost of living index 2.6x higher vs US
#419 Cheapest in Texas (of 419)
#6,433 Cheapest in the U.S. (of 6,489)
$2,891,618 Median home value
$1,940 Median rent
$250,001 Median income
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What is the cost of living in Highland Park, TX?

According to the most recent data on the cost of living, Highland Park has an overall cost of living index of 256, which is 2.6x higher than the national index of 100.

Compared to Texas, Highland Park has a cost of living index that's 2.8x higher than Texas's index of 93.

The standard of living in Highland Park ranks as #419 most affordable out of the 419 places we measured in Texas. By definition, that implies Highland Park ranks as the #0 most expensive place in the Lone Star State.

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Highland Park Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Highland Park. Here is how it fares on each of the criteria:

  • The Services index in Highland Park is 100.

  • The Groceries index in Highland Park is 103.

  • The Health index in Highland Park is 620.

  • The Housing index in Highland Park is 103.

  • The Transportation index in Highland Park is 105.

  • The Utilities index in Highland Park is 106.

Living Expense Highland Park Texas National Average
Overall 256 93 100
Services 100 100 100
Groceries 103 99 100
Health 620 81 100
Housing 103 97 100
Transportation 105 103 100
Utilities 106 100 100

Highland Park Cost Of Living Compared To Texas Averages

Services
Highland Park 100
Texas avg 100
Groceries
Highland Park 103
Texas avg 99
Health
Highland Park 620
Texas avg 81
Housing
Highland Park 103
Texas avg 97
Transportation
Highland Park 105
Texas avg 103
Utilities
Highland Park 106
Texas avg 100

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Texas, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Highland Park, TX Housing Cost Breakdown

$2,891,618Median Home Value
$1,940Median Rent
$250,001Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Highland Park is $2,891,618.

  • The Median Rent in Highland Park is $1,940.

  • The Median Income in Highland Park is $250,001.

  • The Home Value To Income in Highland Park is 11.6x.

  • The Rent To Monthly Income in Highland Park is 0.09x.

Statistic Highland Park Texas United States
Median Home Value $2,891,618 $300,957 $332,700
Median Rent $1,940 $1,403 $1,413
Median Income $250,001 $78,476 $80,734
Home Value To Income 11.6x 3.8x 4.1x
Rent To Monthly Income 0.09x 0.21x 0.21x

Highland Park, TX Costs By Category

Detailed Highland Park Services costs vs. Texas
Item Highland Park 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 Highland Park Groceries costs vs. Texas
Item Highland Park 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 Highland Park Health costs vs. Texas
Item Highland Park Texas
Optometrist $143.73 $125.68
Doctor $140.69 $135.78
Dentist $130.53 $113.29
Detailed Highland Park Transportation costs vs. Texas
Item Highland Park Texas
Gasoline $3.09 $3.46
Tire Balancing $52.04 $59.92
Detailed Highland Park Utilities costs vs. Texas
Item Highland Park Texas
All Electricity $219.02 $193.99
Phone $208.71 $192.25

Highland Park SnackAbility

7.5Overall SnackAbility
Jobs 9/10
Housing 10/10
Affordability 7/10
Diversity 6/10
Safety 8/10
Amenities 9/10
Education 10/10
Commute 8.5/10

Cost Of Living In Cities Around Highland Park

The cost of living varies in the cities and towns around Highland Park. Here's a quick look at the cost of living in the most populous nearby places:

  • Dallas, TX has a cost of living index of 106, 0.4x Highland Park.

  • Plano, TX has a cost of living index of 120, 0.5x Highland Park.

  • Irving, TX has a cost of living index of 101, 0.4x Highland Park.

City Population Cost Of Living Vs. Highland Park
Dallas, TX 1,307,930 106 0.4x
Plano, TX 290,594 120 0.5x
Irving, TX 256,492 101 0.4x
Garland, TX 246,844 100 0.4x
Mesquite, TX 149,299 99 0.4x
Carrollton, TX 133,740 113 0.4x
Lewisville, TX 131,080 108 0.4x
Richardson, TX 118,731 116 0.5x
Grapevine, TX 51,139 125 0.5x
Bedford, TX 49,085 104 0.4x