Forney, TX Cost Of Living
Cost Of Living In Forney, TX Summary
Cost of living in Forney 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 Forney 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 Forney is 103, with 100 being the average.
The cost of living index in Forney is 1.0x higher than the national average.
Forney ranks as the #338 cheapest in Texas out of 405.
Forney ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Forney is $236,600.
The median income in Forney is $93,803.
Table Of Contents
Forney's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Forney, TX?
According to the most recent data on the cost of living, Forney has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Texas, Forney has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Forney ranks as #338 most affordable out of the 405 places we measured in Texas. By definition, that implies Forney ranks as the #67 most expensive place in the Lone Star State.
For more reading on life in Forney, check out:
- Living In Forney
- Forney Crime Report
- Search Homes For Sale In Forney, TX
In Texas
In America
Forney Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Forney. Here is how it fairs on each of the criteria:
The Services index in Forney is 106.
The Groceries index in Forney is 102.
The Health index in Forney is 112.
The Housing index in Forney is 97.
The Transportation index in Forney is 93.
The Utilities index in Forney is 109.
| Living Expense | Forney | Texas | National Average | |
|---|---|---|---|---|
| Overall | 103 | 92 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 102 | 93 | 100 | |
| Health | 112 | 93 | 100 | |
| Housing | 97 | 84 | 100 | |
| Transportation | 93 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Forney, 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 Forney is $236,600.
The Median Rent in Forney is $1,347.
The Median Income in Forney is $93,803.
The Home Value To Income in Forney is 2.5x.
The Rent To Monthly Income in Forney is 0.17x.
| Statistic | Forney | Texas | United States |
|---|---|---|---|
| Median Home Value | $236,600 | $202,600 | $244,900 |
| Median Rent | $1,347 | $1,146 | $1,163 |
| Median Income | $93,803 | $67,321 | $69,021 |
| Home Value To Income | 2.5x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Forney, TX Costs By Category
Detailed Forney Services Costs Vs. Texas
Detailed Forney Groceries Costs Vs. Texas
Detailed Forney Health Costs Vs. Texas
Detailed Forney Transportation Costs Vs. Texas
Detailed Forney Utilities Costs Vs. Texas
Forney SnackAbility
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Cost Of Living In Cities Around Forney
The cost of living varies in the cities and towns around Forney. Here's a quick look at the cost of living in the most populous nearby places:
Dallas, TX has a cost of living index of 96, 0.9x Forney.
Garland, TX has a cost of living index of 97, 0.9x Forney.
Mesquite, TX has a cost of living index of 93, 0.9x Forney.
| City | Population | Cost Of Living | Vs. Forney |
|---|---|---|---|
| Dallas, TX | 1,300,239 | 96 | 0.9x |
| Garland, TX | 245,075 | 97 | 0.9x |
| Mesquite, TX | 149,848 | 93 | 0.9x |
| Rowlett, TX | 62,606 | 105 | 1.0x |
| Rockwall, TX | 46,150 | 108 | 1.0x |
| Balch Springs, TX | 27,369 | 89 | 0.9x |
| Sachse, TX | 26,797 | 106 | 1.0x |
| Seagoville, TX | 18,263 | 93 | 0.9x |
| Terrell, TX | 17,083 | 93 | 0.9x |
| Heath, TX | 9,362 | 141 | 1.4x |
