University Park, TX Cost Of Living
University Park's Overall Cost Of Living
Higher Than The National Average
In Texas
In America
What is the cost of living in University Park, TX?
According to the most recent data on the cost of living, University Park has an overall cost of living index of 214 which is 2.1x higher than the national index of 100.
Compared to only Texas, University Park has a cost of living index that's 2.3x higher than Texas's index of 94.
The standard of living in University Park ranks as #6,348 most affordable out of the 6,418 places we measured in Texas. By definition, that implies University Park ranks as the #71 most expensive place in the Lone Star State.
University Park Cost Of Living Vs. Texas
| Living Expense | University Park | Texas | National Average | |
|---|---|---|---|---|
| Overall | 214 | 94 | 100 | |
| Services | 105 | 98 | 100 | |
| Groceries | 99 | 89 | 100 | |
| Health | 113 | 95 | 100 | |
| Housing | 471 | 83 | 100 | |
| Transportation | 93 | 89 | 100 | |
| Utilities | 109 | 101 | 100 | |
University Park, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | University Park | Texas | United States |
|---|---|---|---|
| Median Home Value | $1,351,400 | $187,200 | $229,800 |
| Median Rent | $2,095 | $1,082 | $1,096 |
| Median Income | $247,716 | $63,826 | $64,994 |
| Home Value To Income | 5.5x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.1x | 0.2x | 0.2x |
Detailed University Park Services Costs Vs. Texas
| Item | University Park | Texas |
|---|---|---|
| Shampoo | $1.03 | $1.06 |
| Movie | $11.18 | $10.68 |
| Bowling | $21.14 | $14.67 |
Detailed University Park Groceries Costs Vs. Texas
| Item | University Park | Texas |
|---|---|---|
| Ground Beef | $4.42 | $4.22 |
| Fried Chicken | $1.48 | $1.39 |
| Milk | $1.97 | $2.05 |
Detailed University Park Health Costs Vs. Texas
| Item | University Park | Texas |
|---|---|---|
| Haircut | $27.33 | $18.62 |
| Beauty Salon | $44.45 | $39.05 |
| Toothpaste | $2.57 | $2.34 |
Detailed University Park Transportation Costs Vs. Texas
| Item | University Park | Texas |
|---|---|---|
| Potatoes | $3.62 | $3.29 |
| Pizza | $9.44 | $10.62 |
| Beer | $10.12 | $9.38 |
| Optometrist | $97.86 | $108.57 |
| Doctor | $121.08 | $116.17 |
| Dentist | $133.84 | $99.13 |
Detailed University Park Utilities Costs Vs. Texas
| Item | University Park | Texas |
|---|---|---|
| Gasoline | $1.92 | $2.22 |
| Tire Balancing | $53.65 | $50.07 |
| All Electricity | $188.78 | $167.67 |
| Phone | $185.48 | $175.64 |
University Park SnackAbility
/10
Cost Of Living In Cities Around University Park
| City | Population | Cost Of Living | Vs. University Park |
|---|---|---|---|
| Dallas, TX | 1,338,846 | 96 | 0.4x |
| Plano, TX | 288,870 | 114 | 0.5x |
| Irving, TX | 240,475 | 97 | 0.5x |
| Garland, TX | 238,622 | 97 | 0.5x |
| Mesquite, TX | 142,429 | 93 | 0.4x |
| Carrollton, TX | 137,319 | 105 | 0.5x |
| Richardson, TX | 118,583 | 110 | 0.5x |
| Lewisville, TX | 107,740 | 100 | 0.5x |
| Allen, TX | 104,040 | 110 | 0.5x |
| Grapevine, TX | 54,151 | 109 | 0.5x |
