Denison, TX Cost Of Living
Cost Of Living In Denison, TX Summary
Cost of living in Denison 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 Denison 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 Denison is 83, with 100 being the average.
The cost of living index in Denison is 0.8x lower than the national average.
Denison ranks as the #96 cheapest in Texas out of 405.
Denison ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Denison is $111,700.
The median income in Denison is $52,784.
Table Of Contents
Denison's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Denison, TX?
According to the most recent data on the cost of living, Denison has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Texas, Denison has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Denison ranks as #96 most affordable out of the 405 places we measured in Texas. By definition, that implies Denison ranks as the #309 most expensive place in the Lone Star State.
For more reading on life in Denison, check out:
- Living In Denison
- Denison Crime Report
- Search Homes For Sale In Denison, TX
In Texas
In America
Denison Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Denison. Here is how it fairs on each of the criteria:
The Services index in Denison is 97.
The Groceries index in Denison is 92.
The Health index in Denison is 89.
The Housing index in Denison is 55.
The Transportation index in Denison is 84.
The Utilities index in Denison is 104.
| Living Expense | Denison | Texas | National Average | |
|---|---|---|---|---|
| Overall | 83 | 92 | 100 | |
| Services | 97 | 96 | 100 | |
| Groceries | 92 | 93 | 100 | |
| Health | 89 | 93 | 100 | |
| Housing | 55 | 84 | 100 | |
| Transportation | 84 | 92 | 100 | |
| Utilities | 104 | 104 | 100 | |
Denison, 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 Denison is $111,700.
The Median Rent in Denison is $954.
The Median Income in Denison is $52,784.
The Home Value To Income in Denison is 2.1x.
The Rent To Monthly Income in Denison is 0.22x.
| Statistic | Denison | Texas | United States |
|---|---|---|---|
| Median Home Value | $111,700 | $202,600 | $244,900 |
| Median Rent | $954 | $1,146 | $1,163 |
| Median Income | $52,784 | $67,321 | $69,021 |
| Home Value To Income | 2.1x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Denison, TX Costs By Category
Detailed Denison Services Costs Vs. Texas
Detailed Denison Groceries Costs Vs. Texas
Detailed Denison Health Costs Vs. Texas
Detailed Denison Transportation Costs Vs. Texas
Detailed Denison Utilities Costs Vs. Texas
Denison SnackAbility
/10
Cost Of Living In Cities Around Denison
The cost of living varies in the cities and towns around Denison. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 114, 1.4x Denison.
Frisco, TX has a cost of living index of 120, 1.4x Denison.
McKinney, TX has a cost of living index of 112, 1.3x Denison.
| City | Population | Cost Of Living | Vs. Denison |
|---|---|---|---|
| Plano, TX | 282,181 | 114 | 1.4x |
| Frisco, TX | 193,140 | 120 | 1.4x |
| McKinney, TX | 189,394 | 112 | 1.3x |
| Denton, TX | 139,704 | 102 | 1.2x |
| Allen, TX | 102,778 | 110 | 1.3x |
| Lakewood, WA | 62,972 | 115 | 1.4x |
| Little Elm, TX | 45,124 | 107 | 1.3x |
| Sherman, TX | 43,273 | 86 | 1.0x |
| Gainesville, TX | 17,146 | 84 | 1.0x |
| Providence, UT | 8,199 | 106 | 1.3x |
