Cost of Living in Fort Worth, TX
| Cost of Living in Fort Worth, TX | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 6% higher | 13% lower |
| Utilities (Monthly) | 13% higher | 12% higher |
| Food | 3% higher | 1% lower |
| Healthcare | 3% higher | 1% higher |
| Transportation | 2% lower | 8% lower |
| Goods & Services | 3% lower | 2% lower |
The cost of living in Fort Worth, TX is 2% higher than the state average and 4% lower than the national average. Fort Worth, TX housing is 13% cheaper than the U.S average, while utilities are about 12% pricier. When it comes to basic necessities such as food and clothing, groceries are around 1% cheaper in Fort Worth, TX than in the rest of the country, while clothing costs around 2% less .
Healthcare services such as doctor check-ups and dentistry cost 1% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% cheaper in Fort Worth, TX.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Fort Worth is $1,445, while home prices circle around $443,224.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Fort Worth, energy bills cost around $259.05 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.56 in Fort Worth, a dozen eggs go for around $4.33 and a pound of potatoes circles around $5.47.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Fort Worth, an optometry check-up costs around $124.50, while a dentist appointment is priced $128.11 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.77 in Fort Worth, while getting your tires balanced will run you about $62.06.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $37.73 here. Meanwhile, a pair of women's slacks will set you back around $38.97.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Fort Worth, you should budget around $12.30 a month. When it comes to personal services, a haircut usually goes for $31.94, while dry cleaning costs about $15.91.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Fort Worth, the median household income is $79,507.