Cost of Living in Bullard, TX

With a cost of living index of 103, Bullard, TX is somewhat more expensive than average. Living here is 3% more expensive than the national average and 15% above the Texas state average of 88. Bullard is a small community of 4,080 residents.

Housing costs are the biggest factor in Bullard's cost of living. The median monthly rent is $1,525 (16% above the US median of $1,319), and the median home value sits at $290,300 (5% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Bullard is $108,304, which is 44% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Tyler, TX (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.