Cost of living in Providence Village
Providence Village, located in Texas, offers a unique blend of suburban charm and modern amenities. Understanding the cost of living in this area is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $75, with prices ranging from $47.61 to $120.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $11.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $8, imported beer $5 to $10, cappuccino $3 to $8, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.8 and $1.45 per liter, averaging $1.14.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.54 and $4.67, with an average price of $3.05.
- Eggs (Dozen) - A dozen eggs range from $1.95 to $5.99, averaging $4.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.64 to $6 per kg, while oranges range from $2.76 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.43 and $8.8 per kg, and lettuce costs $1.78 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.68 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $2.75, with a cost of $1.25 to $1.55 per km and $30 to $35 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $30,000 and $35,194.56, while a Toyota Corolla ranges from $25,756.11 to $30,000.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is $1,587.50 to $2,000 per month.
- International Primary School, Yearly for 1 Child - Yearly tuition for international primary school ranges from $13,500 to $25,075.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $182.99 and $378.2, averaging $286.13.
- Internet - Internet services range from $60 to $108, with an average cost of $85.23.
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"
Providence Village offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Transportation costs are manageable, especially for those who drive, given the competitive gasoline prices.
Housing and utilities are significant expenses, but they are balanced by the overall affordability of other living costs.
Conclusion
In conclusion, Providence Village, TX, presents a balanced cost of living that caters to a variety of lifestyles.
While housing and utilities may be on the higher side, the affordability of dining, groceries, and transportation helps maintain a reasonable overall cost of living.
Potential residents should consider these factors when planning their move to ensure a comfortable and financially sustainable lifestyle.