| Index | Haltom City | Texas | National |
| Cost of living | 95 | 94 | 100 |
| Groceries | 99 | 98 | 100 |
| Health care | 101 | 98 | 100 |
| Housing | 85 | 83 | 100 |
| Transportation | 97 | 98 | 100 |
| Utilities | 103 | 103 | 100 |
| Lifestyle & Entertainment | 95 | 98 | 100 |
| Household Items | 99 | 98 | 100 |
| Education & Childcare | 101 | 98 | 100 |
Understanding the cost of living in Haltom City can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Haltom City cost of living index is 95, which is 5% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
In Haltom City, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Haltom City will resemble that of an average city, contributing to a manageable cost of living.
When it comes to knowing a city, its residents are the experts. We conducted a survey with 8 locals to understand their opinions on the cost of living in Haltom City. The results indicated that 50% found it reasonably priced with decreasing prices of goods and services, while 50% viewed it as quite expensive, with increasing prices.
Wondering if Haltom City is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Haltom City, for example, the median home price is 25.5% lower than what folks pay nationally, and monthly rent is 8.9% higher than the usual rates. Plus, income levels matter too, with Haltom City boasting a median household income of $75,552, which is 7.1% lower than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Haltom City, is 15.1% lower than the national average.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Haltom City starts at 6.25% and the income tax rates start at 0%.
The Haltom City cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $86,988 | $7,249 | $2,030 | $2,610 |
| Renters | $66,278 | $5,523 | $1,546 | $1,989 |
| State | General Sales Tax | With Max Surtax |
| Texas | 6.25% | 8.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Texas | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Lakeside town (San Patricio County), TX | 316 | 85 | 15.0% |
| Pelican Bay, TX | 1,657 | 88 | 12.1% |
| Sansom Park, TX | 5,730 | 91 | 9.4% |
| Everman, TX | 6,422 | 90 | 9.9% |
| Forest Hill, TX | 13,444 | 95 | 5.2% |
| Haltom City, TX | 45,221 | 95 | 5.4% |
| City | Population | Cost of Living Index | National Avg. |
| Lombard, IL | 45,226 | 116 | 15.9% |
| Peachtree Corners, GA | 45,194 | 122 | 22.0% |
| The Colony, TX | 45,190 | 112 | 12.2% |
| Bountiful, UT | 45,323 | 120 | 19.8% |
| York, PA | 45,108 | 87 | 13.0% |
| Haltom City, TX | 45,221 | 95 | 5.4% |
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