Cost of living in Lantana 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 Lantana 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 Lantana is 152, with 100 being the average.
The cost of living index in Lantana is 1.5x higher than the national average.
Lantana ranks as the #404 cheapest in Texas out of 414.
Lantana ranks as the #5,746 cheapest out of 6,489 in the US.
The median home value in Lantana is $605,297.
The median income in Lantana is $200,147.
According to the most recent data on the cost of living, Lantana has an overall cost of living index of 152, which is 1.5x higher than the national index of 100.
Compared to Texas, Lantana has a cost of living index that's 1.7x higher than Texas's index of 92.
The standard of living in Lantana ranks as #404 most affordable out of the 414 places we measured in Texas. By definition, that implies Lantana ranks as the #10 most expensive place in the Lone Star State.
For more reading on life in Lantana, check out:
Six factors go into calculating the cost of living index in Lantana. Here is how it fairs on each of the criteria:
The Services index in Lantana is 121.
The Groceries index in Lantana is 97.
The Health index in Lantana is 111.
The Housing index in Lantana is 246.
The Transportation index in Lantana is 93.
The Utilities index in Lantana is 114.
| Living Expense | Lantana | Texas | National Average | |
|---|---|---|---|---|
| Overall | 152 | 92 | 100 | |
| Services | 121 | 97 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 111 | 93 | 100 | |
| Housing | 246 | 82 | 100 | |
| Transportation | 93 | 94 | 100 | |
| Utilities | 114 | 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 Lantana is $605,297.
The Median Rent in Lantana is $3,410.
The Median Income in Lantana is $200,147.
The Home Value To Income in Lantana is 3.0x.
The Rent To Monthly Income in Lantana is 0.2x.
The cost of living varies in the cities and towns around Lantana. 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, 0.9x Lantana.
Carrollton, TX has a cost of living index of 120, 0.8x Lantana.
Flower Mound, TX has a cost of living index of 135, 0.9x Lantana.
| City | Population | Cost Of Living | Vs. Lantana |
|---|---|---|---|
| Frisco, TX | 210,238 | 139 | 0.9x |
| Carrollton, TX | 132,741 | 120 | 0.8x |
| Flower Mound, TX | 77,886 | 135 | 0.9x |
| Bedford, TX | 49,191 | 111 | 0.7x |
| Keller, TX | 45,598 | 134 | 0.9x |
| Coppell, TX | 42,029 | 135 | 0.9x |
| Southlake, TX | 31,044 | 163 | 1.1x |
| Colleyville, TX | 25,906 | 157 | 1.0x |
| Watauga, TX | 23,336 | 107 | 0.7x |
| Corinth, TX | 22,868 | 124 | 0.8x |