Bedford, TX Cost Of Living
Cost Of Living In Bedford, TX Summary
Cost of living in Bedford 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 Bedford 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 Bedford is 97, with 100 being the average.
The cost of living index in Bedford is 1.0x lower than the national average.
Bedford ranks as the #291 cheapest in Texas out of 405.
Bedford ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Bedford is $255,400.
The median income in Bedford is $76,409.
Table Of Contents
Bedford's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Bedford, TX?
According to the most recent data on the cost of living, Bedford has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Texas, Bedford has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Bedford ranks as #291 most affordable out of the 405 places we measured in Texas. By definition, that implies Bedford ranks as the #114 most expensive place in the Lone Star State.
For more reading on life in Bedford, check out:
- Living In Bedford
- Bedford Crime Report
- Search Homes For Sale In Bedford, TX
In Texas
In America
Bedford Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Bedford. Here is how it fairs on each of the criteria:
The Services index in Bedford is 100.
The Groceries index in Bedford is 98.
The Health index in Bedford is 97.
The Housing index in Bedford is 92.
The Transportation index in Bedford is 88.
The Utilities index in Bedford is 105.
| Living Expense | Bedford | Texas | National Average | |
|---|---|---|---|---|
| Overall | 97 | 92 | 100 | |
| Services | 100 | 96 | 100 | |
| Groceries | 98 | 93 | 100 | |
| Health | 97 | 93 | 100 | |
| Housing | 92 | 84 | 100 | |
| Transportation | 88 | 92 | 100 | |
| Utilities | 105 | 104 | 100 | |
Bedford, TX Housing Cost Breakdown
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 Bedford is $255,400.
The Median Rent in Bedford is $1,225.
The Median Income in Bedford is $76,409.
The Home Value To Income in Bedford is 3.3x.
The Rent To Monthly Income in Bedford is 0.19x.
| Statistic | Bedford | Texas | United States |
|---|---|---|---|
| Median Home Value | $255,400 | $202,600 | $244,900 |
| Median Rent | $1,225 | $1,146 | $1,163 |
| Median Income | $76,409 | $67,321 | $69,021 |
| Home Value To Income | 3.3x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Bedford, TX Costs By Category
Detailed Bedford Services Costs Vs. Texas
Detailed Bedford Groceries Costs Vs. Texas
Detailed Bedford Health Costs Vs. Texas
Detailed Bedford Transportation Costs Vs. Texas
Detailed Bedford Utilities Costs Vs. Texas
Bedford SnackAbility
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Cost Of Living In Cities Around Bedford
The cost of living varies in the cities and towns around Bedford. Here's a quick look at the cost of living in the most populous nearby places:
Carrollton, TX has a cost of living index of 105, 1.1x Bedford.
Lewisville, TX has a cost of living index of 100, 1.0x Bedford.
Flower Mound, TX has a cost of living index of 117, 1.2x Bedford.
| City | Population | Cost Of Living | Vs. Bedford |
|---|---|---|---|
| Carrollton, TX | 131,388 | 105 | 1.1x |
| Lewisville, TX | 110,077 | 100 | 1.0x |
| Flower Mound, TX | 75,050 | 117 | 1.2x |
| North Richland Hills, TX | 69,817 | 99 | 1.0x |
| Euless, TX | 60,134 | 95 | 1.0x |
| Grapevine, TX | 50,548 | 109 | 1.1x |
| Keller, TX | 45,190 | 117 | 1.2x |
| Coppell, TX | 42,420 | 121 | 1.2x |
| Hurst, TX | 40,114 | 94 | 1.0x |
| Southlake, TX | 30,754 | 150 | 1.5x |
