Cost of living in Azle 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 Azle 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 Azle is 92, with 100 being the average.
The cost of living index in Azle is 0.9x lower than the national average.
Azle ranks as the #239 cheapest in Texas out of 405.
Azle ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Azle is $195,600.
The median income in Azle is $79,425.
According to the most recent data on the cost of living, Azle has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Texas, Azle has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Azle ranks as #239 most affordable out of the 405 places we measured in Texas. By definition, that implies Azle ranks as the #166 most expensive place in the Lone Star State.
For more reading on life in Azle, check out:
Six factors go into calculating the cost of living index in Azle. Here is how it fairs on each of the criteria:
The Services index in Azle is 99.
The Groceries index in Azle is 96.
The Health index in Azle is 99.
The Housing index in Azle is 74.
The Transportation index in Azle is 86.
The Utilities index in Azle is 108.
Living Expense | Azle | Texas | National Average | |
---|---|---|---|---|
Overall | 92 | 92 | 100 | |
Services | 99 | 96 | 100 | |
Groceries | 96 | 93 | 100 | |
Health | 99 | 93 | 100 | |
Housing | 74 | 84 | 100 | |
Transportation | 86 | 92 | 100 | |
Utilities | 108 | 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 2017-2021. The key points are:
The Median Home Value in Azle is $195,600.
The Median Rent in Azle is $1,129.
The Median Income in Azle is $79,425.
The Home Value To Income in Azle is 2.5x.
The Rent To Monthly Income in Azle is 0.17x.
Statistic | Azle | Texas | United States |
---|---|---|---|
Median Home Value | $195,600 | $202,600 | $244,900 |
Median Rent | $1,129 | $1,146 | $1,163 |
Median Income | $79,425 | $67,321 | $69,021 |
Home Value To Income | 2.5x | 3.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Azle. Here's a quick look at the cost of living in the most populous nearby places:
Fort Worth, TX has a cost of living index of 95, 1.0x Azle.
North Richland Hills, TX has a cost of living index of 99, 1.1x Azle.
Keller, TX has a cost of living index of 117, 1.3x Azle.
City | Population | Cost Of Living | Vs. Azle |
---|---|---|---|
Fort Worth, TX | 908,469 | 95 | 1.0x |
North Richland Hills, TX | 69,817 | 99 | 1.1x |
Keller, TX | 45,190 | 117 | 1.3x |
Weatherford, TX | 30,385 | 96 | 1.0x |
Benbrook, TX | 24,248 | 92 | 1.0x |
Saginaw, TX | 23,676 | 93 | 1.0x |
Watauga, TX | 23,649 | 93 | 1.0x |
White Settlement, TX | 18,040 | 85 | 0.9x |
Lakeside, VA | 12,690 | 99 | 1.1x |
Briar, TX | 5,635 | 90 | 1.0x |