Cost of living in Pecan Plantation 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 Pecan Plantation 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 Pecan Plantation is 104, with 100 being the average.
The cost of living index in Pecan Plantation is 1.0x higher than the national average.
Pecan Plantation ranks as the #342 cheapest in Texas out of 405.
Pecan Plantation ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Pecan Plantation is $291,700.
The median income in Pecan Plantation is $101,550.
According to the most recent data on the cost of living, Pecan Plantation has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Texas, Pecan Plantation has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Pecan Plantation ranks as #342 most affordable out of the 405 places we measured in Texas. By definition, that implies Pecan Plantation ranks as the #63 most expensive place in the Lone Star State.
For more reading on life in Pecan Plantation, check out:
Six factors go into calculating the cost of living index in Pecan Plantation. Here is how it fairs on each of the criteria:
The Services index in Pecan Plantation is 102.
The Groceries index in Pecan Plantation is 97.
The Health index in Pecan Plantation is 98.
The Housing index in Pecan Plantation is 114.
The Transportation index in Pecan Plantation is 85.
The Utilities index in Pecan Plantation is 106.
Living Expense | Pecan Plantation | Texas | National Average | |
---|---|---|---|---|
Overall | 104 | 92 | 100 | |
Services | 102 | 96 | 100 | |
Groceries | 97 | 93 | 100 | |
Health | 98 | 93 | 100 | |
Housing | 114 | 84 | 100 | |
Transportation | 85 | 92 | 100 | |
Utilities | 106 | 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 Pecan Plantation is $291,700.
The Median Rent in Pecan Plantation is $1,607.
The Median Income in Pecan Plantation is $101,550.
The Home Value To Income in Pecan Plantation is 2.9x.
The Rent To Monthly Income in Pecan Plantation is 0.19x.
Statistic | Pecan Plantation | Texas | United States |
---|---|---|---|
Median Home Value | $291,700 | $202,600 | $244,900 |
Median Rent | $1,607 | $1,146 | $1,163 |
Median Income | $101,550 | $67,321 | $69,021 |
Home Value To Income | 2.9x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Pecan Plantation | Texas |
---|---|---|
Shampoo | $0.99 | $1.06 |
Movie | $10.24 | $10.68 |
Bowling | $18.08 | $14.67 |
Haircut | $27.56 | $18.62 |
Beauty Salon | $53.57 | $39.05 |
Item | Pecan Plantation | Texas |
---|---|---|
Ground Beef | $5.2 | $4.22 |
Fried Chicken | $1.87 | $1.39 |
Milk | $1.92 | $2.05 |
Potatoes | $2.67 | $3.29 |
Pizza | $9.31 | $10.62 |
Beer | $9.8 | $9.38 |
Toothpaste | $2.7 | $2.34 |
Item | Pecan Plantation | Texas |
---|---|---|
Optometrist | $92.25 | $108.57 |
Doctor | $91.05 | $116.17 |
Dentist | $108.33 | $99.13 |
Item | Pecan Plantation | Texas |
---|---|---|
Gasoline | $1.83 | $2.22 |
Tire Balancing | $47.98 | $50.07 |
Item | Pecan Plantation | Texas |
---|---|---|
All Electricity | $187.94 | $167.67 |
Phone | $184.73 | $175.64 |
The cost of living varies in the cities and towns around Pecan Plantation. Here's a quick look at the cost of living in the most populous nearby places:
Mansfield, TX has a cost of living index of 102, 1.0x Pecan Plantation.
North Richland Hills, TX has a cost of living index of 99, 1.0x Pecan Plantation.
Euless, TX has a cost of living index of 95, 0.9x Pecan Plantation.
City | Population | Cost Of Living | Vs. Pecan Plantation |
---|---|---|---|
Mansfield, TX | 71,375 | 102 | 1.0x |
North Richland Hills, TX | 69,817 | 99 | 1.0x |
Euless, TX | 60,134 | 95 | 0.9x |
Bedford, TX | 49,576 | 97 | 0.9x |
Burleson, TX | 47,230 | 98 | 0.9x |
Keller, TX | 45,190 | 117 | 1.1x |
Hurst, TX | 40,114 | 94 | 0.9x |
Cleburne, TX | 30,984 | 89 | 0.9x |
Colleyville, TX | 25,827 | 136 | 1.3x |
Saginaw, TX | 23,676 | 93 | 0.9x |