Overview of Fort Worth
Also known as “Cowtown”, Fort Worth is very famous for its rich history in the cattle industry. At present time, this city has all the modern amenities while being connected with its Western heritage. People who like historical stuff love the Fort Worth Stockyards as it’s a historic district that offers a glimpse into the past with its cattle drives and rodeos. If you talk about the population and demographics, Fort Worth is home to over 900,000 residents, which makes it the fifth-largest city in Texas. Since this city boasts a diverse population, you get to meet people from various backgrounds and ethnicities.Affordable Cost Of Living
One of the major advantages of living in Fort Worth is its affordable cost of living compared to many other major cities in Texas and across the United States. Here’s a closer look at why Fort Worth is considered budget-friendly:Housing Costs:
- Home Prices - Buying your own home requires an upfront investment. As per Zillow, The average home value in Fort Worth is $308,593. The good thing is that it is lower than the national average, which makes living in this city more affordable.
- Renting - If you don’t want to make any commitment initially, renting becomes a good option. According to Apartments, the average rent for a one-bedroom, two-bedroom, and three-bedroom house is $1,255/month, $1,584/month, and $1,943/month respectively.
Utility Costs:
Utilities, including electricity, water, and gas, are generally in line with the national average. Texas also benefits from deregulated electricity markets, allowing residents to shop around for the best rates. Here are the basic utility costs as per Numbeo’s reports:- Basic (Electricity, Heating, Cooling, Water, Garbage) - 261.02$
- Mobile Phone Monthly Plan - 65.25$
- Internet - 70.67$
Groceries Costs:
Grocery prices in Fort Worth are typically lower than in many other major cities. Local markets and national grocery chains offer a variety of affordable options. If you want to dine out, then you can do that at a reasonable cost in both local eateries and high-end restaurants. Here are the basic grocery costs as per Numbeo’s reports:- Milk (regular), (1 liter) - 1.01$
- Loaf of Fresh White Bread (500g) - 3.14$
- Rice (white), (1kg) - 4.48$
- Eggs (regular) (12) - 2.53$