Grand Prairie Texas Cost Of Living | Homes for Sale
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Grand Prairie Texas Real Estate and Homes for Sale are an outstanding value when cost of living is a major factor in the decision making process. I have gathered some quick facts to aid you in your search on this topic. Please do not hesitate to go back to my home page for more information on Grand Prairie TX Real Estate and Homes for Sale.
Cost Of Living Quick Facts
The average income per household in Grand Prairie is 47,000.00 per year.
The average mortgage payment for a house with a family with 2 children is often around $1100..00 including taxes and insurance.
There are many expenses, a few of the expenses that make up the cost of living in Grand Prairie, TX include:
Food and Home Neccesities:
Food takes up 13.7% of the average cost of living in Grand Prairie. The cost varies from family to family, averaging at $7,300.00.
Health Care is the same for most cities in Texas. Health care consumes 3.9% of the average cost of living. Health care for most families amounts to an average of $2,080.00.
Transportation is very important to the citizens of Grand Prairie seeing as it consumes a larger percentage than the average mortgage payment. Transportation costs make up 15.6% of the average cost of living. Transportation often amounts to about $6,300.00 on average.
Entertainment makes up 4.2% of the average cost of living in Grand Prairie. This cost is usually around $2,250.00 for cities in Texas.
Apparel and Clothing is vital to all families. This amount makes up 4.9% of the average cost of living. The cost averages at about $2,600.00.
The total amount in taxes varies from city to city. Grand Prairie's taxes make up about 3% of the average cost of living in Grand Prairie. The total amount is on average $2,000.00.
Median gross rent in 2007 is $1097 and rising fast.
The cost of living index for Grand Prairie is 81 compared to the national average of 100.
Grand Prairie Area Resources
Our Real Estate Services are free of charge to the homebuyer. The seller of the property pays our fee and we represent your fiduciary interests in the entire transaction. Our Mortgage Services are at the best rates and fees in the area because of our one stop shopping concept. Call today at 817-690-9296 for more information.