Cost of Living Breakdown
The cost of living in Fort Worth, TX is 5% lower than the national average. Here's how each category compares:
| Category | Index | vs National Avg |
|---|---|---|
| Overall | 95 | -5% |
| Housing | 84 | -16% |
| Groceries | 96 | -4% |
| Utilities | 105 | +5% |
| Transportation | 100 | Average |
| Healthcare | 98 | -2% |
Housing Costs in Fort Worth
Housing is typically the largest expense. In Fort Worth, the housing index is 84 (national average = 100).
- Median home price: $320,000
- Median rent (1 bedroom): $1,300/month
- Median rent (2 bedrooms): $1,600/month
- Annual rent (1BR): $15,600/year
Housing in Fort Worth is well below the national average, making it an attractive option for homebuyers and renters alike.
How Much Do You Need to Earn in Fort Worth?
To maintain the equivalent of a $50,000 salary at the national average cost of living, you would need to earn approximately $47,500 in Fort Worth. The median household income of $68,000 translates to a monthly budget of approximately $5,667.
Groceries & Everyday Expenses
The grocery index in Fort Worth is 96. Grocery prices are close to the national average.
Transportation & Utilities
Transportation costs sit at an index of 100, while utilities come in at 105. Transportation costs are reasonable compared to other major cities.
Healthcare
Healthcare costs in Fort Worth are indexed at 98. Healthcare costs are close to or below the national average.
Compare to Texas
See statewide salary and tax data on our average salary in Texas page. Also see income data for this city on our average salary in Fort Worth page.
Financial Tools
Use our free calculators to plan your finances in Fort Worth:
- Mortgage Calculator — estimate your monthly home payment
- Home Affordability Calculator — see how much house you can afford
- Salary Calculator — convert hourly to annual pay
- Savings Goal Calculator — plan for your move or down payment