Though Texas is not as expensive as some other states in America, it still has a fair share of high-priced places. Texas lies in the middle of the most and least expensive states in America when it comes to costs. To be precise, it is ranked 21st out of fifty states.
The average monthly cost of bills in this city is $1,888, which is a little bit below the national average. However, Texans spend $1,412 (the national average is $1,279) on housing every month. In addition, they spend an average of $255 (the national average is $366) on utilities every month.
In this article, Maxwell Drever will highlight the four most expensive places in Texas.
4 Most Expensive Places to Live in Texas
According to Maxwell Drever, the following are the four most expensive places to live in Texas:
1. Austin
Due to its tech-centric culture, Austin is one of the most popular cities among young professionals. The average cost of living in this city is slightly higher than the national average. Moreover, the average home purchase price is higher than the national average.
However, the good thing about Austin is the fantastic career opportunities that this city offers. The average household income here is $75,752, twenty percent more than in other cities in the state.
2. El Paso
Whether it's the tremendous walking trails or stunning natural beauty, this city has a lot to offer. Unlike Austin, the average cost of living here is significantly lower than the national average, with affordable homes as well.
However, the average household income of $48,866 is a major concern for those living here. This household income is significantly lower than the state's average income, which is $63,826. This makes it difficult to survive here if you’re not working at a high-paying job.
3. Coppell
This city features a family-friendly community, high-profile schools, and easy access to other cities in the state. The average cost of living here is higher than the national average. At the same time, home prices are higher than the average cost of real estate. All this contributes to making it one of the most expensive cities in Texas.
4. Frisco
Over the years, Frisco has established itself as one of the best places to live. People who live here enjoy a fantastic quality of life. On top of that, this city is home to The Frisco Independent School District, one of the ten best school districts in Texas.
However, Maxwell Drever believes that the average cost of living here is higher than the national average, with home prices exceeding the national average. This makes it one of the most expensive places to survive, though it’s worth living here.
Wrapping Up
Calling Texas a state that is neither too expensive nor too cheap isn’t wrong. This state is home to some incredibly affordable cities. On the flip side, it also features some of the most expensive places to live in America. While some of these cities offer an outstanding quality of life, others have incredibly healthy job markets. Check out the list above, and do let us know in the comments section if you found this article helpful.
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