Cost of living in Texarkana
Texarkana, located on the border of Texas and Arkansas, offers a unique blend of Southern charm and modern amenities. Understanding the cost of living in Texarkana is crucial for anyone considering moving to or residing in this city.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, 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 $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 $50, 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 $15, cappuccino $2.95 to $10, and Coke/Pepsi $1.75 to $4.
Grocery Prices
- Milk - Milk is priced between $0.65 and $1.13 per liter, averaging $0.81.
- 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.
- 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 $1.72 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $3.28 per kg, and lettuce costs $1.59 to $2.85 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.64 and $0.88 per liter.
- Taxi Fares - Taxi fares start at $2.75, 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 averages $850.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment averages $1200.
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"
Texarkana offers a relatively affordable cost of living compared to larger metropolitan areas. Dining out is reasonably priced, and grocery costs are moderate.
Housing is affordable, especially for those looking to rent outside the city centre. Transportation costs are low, particularly for fuel.
Utilities and internet services are competitively priced, making Texarkana an attractive option for budget-conscious individuals.
Conclusion
In conclusion, Texarkana, TX, provides a balanced cost of living with affordable housing, moderate dining and grocery prices, and low transportation costs.
This makes it an appealing choice for individuals and families seeking a cost-effective lifestyle without sacrificing access to essential amenities.