Cost of Living in Haltom City, TX

With a cost of living index of 92, Haltom City, TX is slightly more affordable than average. Living here is 8% cheaper than the national average and 5% above the Texas state average of 88. With a population of 45,681, Haltom City is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Haltom City's cost of living. The median monthly rent is $1,329 (1% above the US median of $1,319), and the median home value sits at $194,600 (36% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Haltom City is $56,156, which is 25% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Haltom City. The area sees an average annual temperature of 65.9°F, with summers averaging 84°F and winters around 48°F. Annual rainfall totals 35.3 inches spread over roughly 77 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Dallas-Fort Worth-Arlington, TX (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher 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.