Cost of Living in Colleyville, TX

Population 25,906 · Texas · Data vintage 2023

239
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Colleyville's housing market reflects its status as a high-earning metro: $719,000 for a typical home, 136% above the US median, paired with household incomes around $203,566 that put it in the upper third of the state.

Located 11 miles west of Irving, Colleyville falls within that metro's commuting orbit. Median home values run roughly 150% higher than Irving's $287,000.

Cost Overview

Housing 236
Rent 243

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Colleyville

The median home value in Colleyville is $718,900 — 136% above the national median of $305,000. Median rent runs $3,194/month, 143% higher than the national median of $1,314/month. The median household income of $203,566/year is 173% higher than the US median of $74,580. The local unemployment rate is 3.8%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.7°F and lows of 56.5°F, with about 1.6" of annual snowfall. Overall, Colleyville has a cost of living index of 239 versus the US average of 100, meaning it is 139% more expensive.

🏠 Housing

Median Home Value
$718,900
136% above avg
Zillow Home Value
$897,570
Zillow ZHVI
Median Rent
$3,194/mo
143% above avg
Price-to-Rent Ratio
18.8x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 95.6%
Renter-occupied 4.4%

💰 Estimated Monthly Budget

Rent median rent
$3,194
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,808/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.1 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
27.7%

Commute Mode

Drove alone
66.8%
Carpooled
3.1%
Walked
0.7%
Work from home
27.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$203,566
173% above avg
Per Capita Income
$95,559
Unemployment Rate
3.8%
22% below avg
Poverty Rate
2.7%
Labor Force Participation
63.6%

🎓 Education

Bachelor's degree+ 42.9%
Graduate degree 27.4%

👥 Demographics

Median Age 46.3
Male median age 43.8
Female median age 48.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.7°F
Avg Low
56.5°F
Annual Precip
37"
Annual Snowfall
1.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576169768492969689786758
Low °F 364048556572767669574638
Precip" 2.532.763.303.224.783.702.082.182.724.372.532.84
Snow" 0.11.00.30.00.00.00.00.00.00.00.00.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
27.1%
Good air days/yr
172
Max AQI recorded
239
PM2.5 days
122
Ozone days

Frequently Asked Questions

What is the cost of living in Colleyville, TX?

Colleyville has a cost index of 239 (100 = national average). It is 139% above the national average.

What is average rent in Colleyville, TX?

The median gross rent in Colleyville is $3,194 per month based on 2023 Census data.

What is the average home price in Colleyville?

The median home value in Colleyville is $718,900 according to Zillow and Census data.

What is the median income in Colleyville?

The median household income in Colleyville is $203,566 per year (2023 ACS 5-year estimates).

What is the sales tax in Colleyville, TX?

The combined state and local sales tax rate in Colleyville is 8.2%. Texas has no state income tax.

Is Colleyville, TX affordable?

Colleyville is above average in cost of living, with an index of 239 — about 139% higher than the national average.

What is the weather like in Colleyville?

Colleyville has average high temperatures of 76.7°F and average lows of 56.5°F. Annual precipitation is 37". Average annual snowfall is 1.6". Data from NOAA 1991–2020 Climate Normals.

Colleyville at a Glance

Population
25,906
Median Income
$203,566
Home Value
$718,900
Median Rent
$3,194/mo
Unemployment
3.8%
Avg High Temp
76.7°F
Sales Tax
8.2%
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