Cost of living in Kennedale 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 Kennedale 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 Kennedale is 95, with 100 being the average.
The cost of living index in Kennedale is 0.9x lower than the national average.
Kennedale ranks as the #269 cheapest in Texas out of 405.
Kennedale ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Kennedale is $268,800.
The median income in Kennedale is $102,217.
According to the most recent data on the cost of living, Kennedale has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Texas, Kennedale has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Kennedale ranks as #269 most affordable out of the 405 places we measured in Texas. By definition, that implies Kennedale ranks as the #136 most expensive place in the Lone Star State.
For more reading on life in Kennedale, check out:
Six factors go into calculating the cost of living index in Kennedale. Here is how it fairs on each of the criteria:
The Services index in Kennedale is 102.
The Groceries index in Kennedale is 98.
The Health index in Kennedale is 97.
The Housing index in Kennedale is 94.
The Transportation index in Kennedale is 86.
The Utilities index in Kennedale is 105.
Living Expense | Kennedale | Texas | National Average | |
---|---|---|---|---|
Overall | 95 | 92 | 100 | |
Services | 102 | 96 | 100 | |
Groceries | 98 | 93 | 100 | |
Health | 97 | 93 | 100 | |
Housing | 94 | 84 | 100 | |
Transportation | 86 | 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 Kennedale is $268,800.
The Median Rent in Kennedale is $1,080.
The Median Income in Kennedale is $102,217.
The Home Value To Income in Kennedale is 2.6x.
The Rent To Monthly Income in Kennedale is 0.13x.
Statistic | Kennedale | Texas | United States |
---|---|---|---|
Median Home Value | $268,800 | $202,600 | $244,900 |
Median Rent | $1,080 | $1,146 | $1,163 |
Median Income | $102,217 | $67,321 | $69,021 |
Home Value To Income | 2.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Kennedale. 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, 1.0x Kennedale.
Mansfield, TX has a cost of living index of 102, 1.1x Kennedale.
North Richland Hills, TX has a cost of living index of 99, 1.0x Kennedale.
City | Population | Cost Of Living | Vs. Kennedale |
---|---|---|---|
Arlington, TX | 392,304 | 91 | 1.0x |
Mansfield, TX | 71,375 | 102 | 1.1x |
North Richland Hills, TX | 69,817 | 99 | 1.0x |
Euless, TX | 60,134 | 95 | 1.0x |
Bedford, TX | 49,576 | 97 | 1.0x |
Burleson, TX | 47,230 | 98 | 1.0x |
Keller, TX | 45,190 | 117 | 1.2x |
Hurst, TX | 40,114 | 94 | 1.0x |
Colleyville, TX | 25,827 | 136 | 1.4x |
Saginaw, TX | 23,676 | 93 | 1.0x |