Cost of Living in Denton, TX

Population 146,987 · Texas · Data vintage 2023

105
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Denton lands reasonably close to national benchmarks on most cost indicators, with a median home value of $326,000 — 7% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Texas.

Cost Overview

Housing 107
Rent 102

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

About the Cost of Living in Denton

The median home value in Denton is $325,700 — 7% above the national median of $305,000. Median rent runs $1,344/month, 2% higher than the national median of $1,314/month. The median household income of $73,719/year is 1% lower than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.0°F and lows of 52.9°F. Overall, Denton has a cost of living index of 105 versus the US average of 100, meaning it is 5% more expensive.

🏠 Housing

Median Home Value
$325,700
7% above avg
Zillow Home Value
$350,992
Zillow ZHVI
Median Rent
$1,344/mo
2% above avg
Zillow Rent
$1,491/mo
Zillow ZORI
Price-to-Rent Ratio
20.2x
Favors renting
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 49.2%
Renter-occupied 50.8%

💰 Estimated Monthly Budget

Rent median rent
$1,344
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,958/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
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.2%

Commute Mode

Drove alone
69.3%
Carpooled
11.3%
Public transit
0.9%
Walked
3.7%
Bicycle
0.7%
Work from home
12.2%

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
$73,719
1% below avg
Per Capita Income
$37,286
Unemployment Rate
5.2%
9% above avg
Poverty Rate
15.9%
Labor Force Participation
67.0%

🎓 Education

Bachelor's degree+ 25.9%
Graduate degree 16.0%

👥 Demographics

Median Age 31
Male median age 30.8
Female median age 31.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.0°F
Avg Low
52.9°F
Annual Precip
35.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566068758391969688786657
Low °F 323645516169737364534234
Precip" 1.942.483.113.434.523.671.772.392.654.172.712.76

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
54.8%
Good air days/yr
177
Max AQI recorded
116
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in Denton, TX?

Denton has a cost index of 105 (100 = national average). It is 5% above the national average.

What is average rent in Denton, TX?

The median gross rent in Denton is $1,344 per month based on 2023 Census data.

What is the average home price in Denton?

The median home value in Denton is $325,700 according to Zillow and Census data.

What is the median income in Denton?

The median household income in Denton is $73,719 per year (2023 ACS 5-year estimates).

What is the sales tax in Denton, TX?

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

Is Denton, TX affordable?

Denton is near the national average in terms of cost of living, with an index of 105 (100 = US average).

What is the weather like in Denton?

Denton has average high temperatures of 76.0°F and average lows of 52.9°F. Annual precipitation is 35.6". Data from NOAA 1991–2020 Climate Normals.

Denton at a Glance

Population
146,987
Median Income
$73,719
Home Value
$325,700
Median Rent
$1,344/mo
Unemployment
5.2%
Avg High Temp
76.0°F
Sales Tax
8.2%
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