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) | 9% higher | 12% lower |
| Utilities (Monthly) | 12% higher | 16% higher |
| Food | 5% higher | 1% lower |
| Healthcare | 5% higher | 3% higher |
| Transportation | 4% lower | 8% lower |
| Goods & Services | 2% higher | 2% lower |
The cost of living in Fort Worth, TX is 5% higher than the state average and 3% lower than the national average. Fort Worth, TX housing is 12% cheaper than the U.S average, while utilities are about 16% 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 3% 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 $444,445.
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 $256.52 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 $4.60 in Fort Worth, a dozen eggs go for around $3.84 and a pound of potatoes circles around $4.70.
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 $129.88, while a dentist appointment is priced $130.59 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.98 in Fort Worth, while getting your tires balanced will run you about $60.43.
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 $38.16 here. Meanwhile, a pair of women's slacks will set you back around $36.26.
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 $11.86 a month. When it comes to personal services, a haircut usually goes for $32.52, while dry cleaning costs about $16.08.
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.