Cost of living in Lantana 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 Lantana 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 Lantana is 139, with 100 being the average.
The cost of living index in Lantana is 1.4x higher than the national average.
Lantana ranks as the #396 cheapest in Texas out of 405.
Lantana ranks as the #5,546 cheapest out of 6,412 in the US.
The median home value in Lantana is $426,200.
The median income in Lantana is $177,875.
According to the most recent data on the cost of living, Lantana has an overall cost of living index of 139, which is 1.4x higher than the national index of 100.
Compared to Texas, Lantana has a cost of living index that's 1.5x higher than Texas's index of 92.
The standard of living in Lantana ranks as #396 most affordable out of the 405 places we measured in Texas. By definition, that implies Lantana ranks as the #9 most expensive place in the Lone Star State.
For more reading on life in Lantana, check out:
Six factors go into calculating the cost of living index in Lantana. Here is how it fairs on each of the criteria:
The Services index in Lantana is 113.
The Groceries index in Lantana is 95.
The Health index in Lantana is 79.
The Housing index in Lantana is 224.
The Transportation index in Lantana is 100.
The Utilities index in Lantana is 112.
Living Expense | Lantana | Texas | National Average | |
---|---|---|---|---|
Overall | 139 | 92 | 100 | |
Services | 113 | 96 | 100 | |
Groceries | 95 | 93 | 100 | |
Health | 79 | 93 | 100 | |
Housing | 224 | 84 | 100 | |
Transportation | 100 | 92 | 100 | |
Utilities | 112 | 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 Lantana is $426,200.
The Median Rent in Lantana is $3,117.
The Median Income in Lantana is $177,875.
The Home Value To Income in Lantana is 2.4x.
The Rent To Monthly Income in Lantana is 0.21x.
Statistic | Lantana | Texas | United States |
---|---|---|---|
Median Home Value | $426,200 | $202,600 | $244,900 |
Median Rent | $3,117 | $1,146 | $1,163 |
Median Income | $177,875 | $67,321 | $69,021 |
Home Value To Income | 2.4x | 3.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Lantana. Here's a quick look at the cost of living in the most populous nearby places:
Frisco, TX has a cost of living index of 120, 0.9x Lantana.
Carrollton, TX has a cost of living index of 105, 0.8x Lantana.
Flower Mound, TX has a cost of living index of 117, 0.8x Lantana.
City | Population | Cost Of Living | Vs. Lantana |
---|---|---|---|
Frisco, TX | 193,140 | 120 | 0.9x |
Carrollton, TX | 131,388 | 105 | 0.8x |
Flower Mound, TX | 75,050 | 117 | 0.8x |
Bedford, TX | 49,576 | 97 | 0.7x |
Keller, TX | 45,190 | 117 | 0.8x |
Coppell, TX | 42,420 | 121 | 0.9x |
Southlake, TX | 30,754 | 150 | 1.1x |
Colleyville, TX | 25,827 | 136 | 1.0x |
Watauga, TX | 23,649 | 93 | 0.7x |
Corinth, TX | 22,216 | 107 | 0.8x |