Cost of living in Grapevine 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 Grapevine 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 Grapevine is 109, with 100 being the average.
The cost of living index in Grapevine is 1.1x higher than the national average.
Grapevine ranks as the #361 cheapest in Texas out of 405.
Grapevine ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Grapevine is $370,100.
The median income in Grapevine is $99,667.
According to the most recent data on the cost of living, Grapevine has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Texas, Grapevine has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Grapevine ranks as #361 most affordable out of the 405 places we measured in Texas. By definition, that implies Grapevine ranks as the #44 most expensive place in the Lone Star State.
For more reading on life in Grapevine, check out:
Six factors go into calculating the cost of living index in Grapevine. Here is how it fairs on each of the criteria:
The Services index in Grapevine is 100.
The Groceries index in Grapevine is 98.
The Health index in Grapevine is 97.
The Housing index in Grapevine is 134.
The Transportation index in Grapevine is 88.
The Utilities index in Grapevine is 105.
Living Expense | Grapevine | Texas | National Average | |
---|---|---|---|---|
Overall | 109 | 92 | 100 | |
Services | 100 | 96 | 100 | |
Groceries | 98 | 93 | 100 | |
Health | 97 | 93 | 100 | |
Housing | 134 | 84 | 100 | |
Transportation | 88 | 92 | 100 | |
Utilities | 105 | 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 Grapevine is $370,100.
The Median Rent in Grapevine is $1,590.
The Median Income in Grapevine is $99,667.
The Home Value To Income in Grapevine is 3.7x.
The Rent To Monthly Income in Grapevine is 0.19x.
Statistic | Grapevine | Texas | United States |
---|---|---|---|
Median Home Value | $370,100 | $202,600 | $244,900 |
Median Rent | $1,590 | $1,146 | $1,163 |
Median Income | $99,667 | $67,321 | $69,021 |
Home Value To Income | 3.7x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Grapevine. Here's a quick look at the cost of living in the most populous nearby places:
Irving, TX has a cost of living index of 97, 0.9x Grapevine.
Carrollton, TX has a cost of living index of 105, 1.0x Grapevine.
Flower Mound, TX has a cost of living index of 117, 1.1x Grapevine.
City | Population | Cost Of Living | Vs. Grapevine |
---|---|---|---|
Irving, TX | 254,184 | 97 | 0.9x |
Carrollton, TX | 131,388 | 105 | 1.0x |
Flower Mound, TX | 75,050 | 117 | 1.1x |
Euless, TX | 60,134 | 95 | 0.9x |
Bedford, TX | 49,576 | 97 | 0.9x |
Keller, TX | 45,190 | 117 | 1.1x |
Coppell, TX | 42,420 | 121 | 1.1x |
Southlake, TX | 30,754 | 150 | 1.4x |
Colleyville, TX | 25,827 | 136 | 1.2x |
University Park, TX | 25,029 | 214 | 2.0x |