Cost of living in Sanger 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 Sanger 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 Sanger is 108, with 100 being the average.
The cost of living index in Sanger is 1.1x higher than the national average.
Sanger ranks as the #300 cheapest in Texas out of 414.
Sanger ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Sanger is $361,864.
The median income in Sanger is $88,987.
According to the most recent data on the cost of living, Sanger has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Texas, Sanger has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Sanger ranks as #300 most affordable out of the 414 places we measured in Texas. By definition, that implies Sanger ranks as the #114 most expensive place in the Lone Star State.
For more reading on life in Sanger, check out:
Six factors go into calculating the cost of living index in Sanger. Here is how it fairs on each of the criteria:
The Services index in Sanger is 120.
The Groceries index in Sanger is 95.
The Health index in Sanger is 108.
The Housing index in Sanger is 105.
The Transportation index in Sanger is 96.
The Utilities index in Sanger is 117.
| Living Expense | Sanger | Texas | National Average | |
|---|---|---|---|---|
| Overall | 108 | 92 | 100 | |
| Services | 120 | 97 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 108 | 93 | 100 | |
| Housing | 105 | 82 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 117 | 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 Sanger is $361,864.
The Median Rent in Sanger is $1,304.
The Median Income in Sanger is $88,987.
The Home Value To Income in Sanger is 4.1x.
The Rent To Monthly Income in Sanger is 0.18x.
The cost of living varies in the cities and towns around Sanger. Here's a quick look at the cost of living in the most populous nearby places:
Denton, TX has a cost of living index of 116, 1.1x Sanger.
Little Elm, TX has a cost of living index of 125, 1.2x Sanger.
Corinth, TX has a cost of living index of 124, 1.1x Sanger.
| City | Population | Cost Of Living | Vs. Sanger |
|---|---|---|---|
| Denton, TX | 146,987 | 116 | 1.1x |
| Little Elm, TX | 51,426 | 125 | 1.2x |
| Corinth, TX | 22,868 | 124 | 1.1x |
| Gainesville, TX | 17,688 | 99 | 0.9x |
| Providence, UT | 8,675 | 118 | 1.1x |
| Aubrey, TX | 6,637 | 115 | 1.1x |
| Krum, TX | 5,896 | 112 | 1.0x |