Cost of living in Fort Worth
Fort Worth, Texas, is a vibrant city known for its rich history and cultural heritage. Understanding the cost of living in Fort Worth is crucial for anyone considering moving to or residing in this dynamic city.
The cost of living encompasses various aspects such as housing, transportation, groceries, and dining, which are essential for budgeting and financial planning.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average, with a range between $10 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $50 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8.65 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.75 to $7, imported beer $4.25 to $10, cappuccino $2.95 to $8, and Coke/Pepsi $1.75 to $3.
Grocery Prices
- Milk - Milk is priced between $0.73 and $1.13 per liter, averaging $0.93.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.63 and $4.41, with an average price of $3.31.
- Eggs (Dozen) - A dozen eggs range from $1.88 to $3.5, averaging $2.83.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.84 to $6.59 per kg, while oranges range from $2.18 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.46 and $3.28 per kg, and lettuce costs $1.59 to $2.85 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2 and $5, with a monthly pass priced between $50 and $80.
- Fuel (Gasoline) - Gasoline is priced between $0.67 and $0.88 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.74 to $2.33 per km and $24 to $40 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1400 to $1800, averaging $1611.25.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $850 to $1400, averaging $1092.5.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1800 to $2800, averaging $2366.67.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1800 to $3000, averaging $2095.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1883.68 to $2960.08, averaging $2308.94.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1722.23 to $2196, averaging $2038.08.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $155 and $360, averaging $230.43.
- Internet - Internet services range from $44.99 to $105, with an average cost of $67.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Fort Worth offers a relatively affordable cost of living compared to other major cities in the United States. Housing costs are moderate, with a variety of options available both in the city centre and outside.
Dining out can be budget-friendly, especially with a range of inexpensive and mid-range restaurant options. Grocery prices are reasonable, making it easier to manage monthly expenses.
Transportation costs are manageable, with affordable public transport and fuel prices. Utilities and internet services are also reasonably priced, contributing to the overall affordability of living in Fort Worth.
Conclusion
In conclusion, Fort Worth, TX, presents a balanced cost of living that caters to a wide range of budgets. The city offers affordable housing, dining, and transportation options, making it an attractive place for individuals and families alike.
Whether you're planning to move to Fort Worth or are already a resident, understanding these costs can help you make informed financial decisions and enjoy all that this vibrant city has to offer.