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)||3% lower||18% lower|
|Utilities (Monthly)||5% higher||8% higher|
|Food||9% higher||1% lower|
|Healthcare||2% higher||3% lower|
|Transportation||1% lower||10% lower|
|Goods & Services||6% higher||3% higher|
The cost of living in Fort Worth, TX is 3% higher than the state average and 4% lower than the national average. Fort Worth, TX housing is 18% cheaper than the U.S average, while utilities are about 8% pricier. When it comes to basic necessities such as food and clothing, groceries are around 3% more in Fort Worth, TX than in the rest of the country, while clothing costs around 3% more .
Healthcare services such as doctor check-ups and dentistry cost 3% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 3% pricier in Fort Worth, TX.
Housing (Buy and Rent)
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 $1,356, while home prices circle around $280,110.
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 $192.87 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 $2.09 in Fort Worth, a dozen eggs go for around $1.42 and a pound of potatoes circles around $2.69.
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 $91.94, while a dentist appointment is priced $107.94 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.01 in Fort Worth, while getting your tires balanced will run you about $49.09.
Goods & Services
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 $40.37 here. Meanwhile, a pair of women's slacks will set you back around $39.70.
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 $10.44 a month. When it comes to personal services, a haircut usually goes for $29.37, while dry cleaning costs about $12.91.
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 $64,567.