Cost of living in Grand Prairie 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 Grand Prairie 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 Grand Prairie is 99, with 100 being the average.
The cost of living index in Grand Prairie is 1.0x lower than the national average.
Grand Prairie ranks as the #308 cheapest in Texas out of 405.
Grand Prairie ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Grand Prairie is $203,600.
The median income in Grand Prairie is $73,352.
According to the most recent data on the cost of living, Grand Prairie has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Texas, Grand Prairie has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Grand Prairie ranks as #308 most affordable out of the 405 places we measured in Texas. By definition, that implies Grand Prairie ranks as the #97 most expensive place in the Lone Star State.
For more reading on life in Grand Prairie, check out:
Six factors go into calculating the cost of living index in Grand Prairie. Here is how it fairs on each of the criteria:
The Services index in Grand Prairie is 105.
The Groceries index in Grand Prairie is 101.
The Health index in Grand Prairie is 115.
The Housing index in Grand Prairie is 78.
The Transportation index in Grand Prairie is 91.
The Utilities index in Grand Prairie is 110.
Living Expense | Grand Prairie | Texas | National Average | |
---|---|---|---|---|
Overall | 99 | 92 | 100 | |
Services | 105 | 96 | 100 | |
Groceries | 101 | 93 | 100 | |
Health | 115 | 93 | 100 | |
Housing | 78 | 84 | 100 | |
Transportation | 91 | 92 | 100 | |
Utilities | 110 | 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 Grand Prairie is $203,600.
The Median Rent in Grand Prairie is $1,243.
The Median Income in Grand Prairie is $73,352.
The Home Value To Income in Grand Prairie is 2.8x.
The Rent To Monthly Income in Grand Prairie is 0.2x.
Statistic | Grand Prairie | Texas | United States |
---|---|---|---|
Median Home Value | $203,600 | $202,600 | $244,900 |
Median Rent | $1,243 | $1,146 | $1,163 |
Median Income | $73,352 | $67,321 | $69,021 |
Home Value To Income | 2.8x | 3.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Item | Grand Prairie | Texas |
---|---|---|
Shampoo | $1.03 | $1.06 |
Movie | $11.18 | $10.68 |
Bowling | $21.14 | $14.67 |
Haircut | $27.33 | $18.62 |
Beauty Salon | $44.45 | $39.05 |
Item | Grand Prairie | Texas |
---|---|---|
Ground Beef | $4.42 | $4.22 |
Fried Chicken | $1.48 | $1.39 |
Milk | $1.97 | $2.05 |
Potatoes | $3.62 | $3.29 |
Pizza | $9.44 | $10.62 |
Beer | $10.12 | $9.38 |
Toothpaste | $2.57 | $2.34 |
Item | Grand Prairie | Texas |
---|---|---|
Optometrist | $97.86 | $108.57 |
Doctor | $121.08 | $116.17 |
Dentist | $133.84 | $99.13 |
Item | Grand Prairie | Texas |
---|---|---|
Gasoline | $1.92 | $2.22 |
Tire Balancing | $53.65 | $50.07 |
Item | Grand Prairie | Texas |
---|---|---|
All Electricity | $188.78 | $167.67 |
Phone | $185.48 | $175.64 |
The cost of living varies in the cities and towns around Grand Prairie. Here's a quick look at the cost of living in the most populous nearby places:
Arlington, TX has a cost of living index of 91, 0.9x Grand Prairie.
Mansfield, TX has a cost of living index of 102, 1.0x Grand Prairie.
North Richland Hills, TX has a cost of living index of 99, 1.0x Grand Prairie.
City | Population | Cost Of Living | Vs. Grand Prairie |
---|---|---|---|
Arlington, TX | 392,304 | 91 | 0.9x |
Mansfield, TX | 71,375 | 102 | 1.0x |
North Richland Hills, TX | 69,817 | 99 | 1.0x |
Euless, TX | 60,134 | 95 | 1.0x |
DeSoto, TX | 55,761 | 100 | 1.0x |
Grapevine, TX | 50,548 | 109 | 1.1x |
Bedford, TX | 49,576 | 97 | 1.0x |
Cedar Hill, TX | 48,968 | 103 | 1.0x |
Coppell, TX | 42,420 | 121 | 1.2x |
Duncanville, TX | 40,575 | 97 | 1.0x |