Cost of Living in Allen TX: What Newcomers Should Expect

The cost of living in Allen, TX, has helped it become one of the best cities in Texas to buy real estate.

A suburb of Dallas, the cost of living in Allen, TX, is 2% higher than the state average but 6% lower than the national average. Allen’s strong economy and family-friendly atmosphere create a high quality of life worth the cost.

Real Estate Market Watch for Allen, TX, as of June 2024

As of June 2024, the home sales price in Allen, TX, is around $549K. This was down 8.9% from June 2023. Please note that these figures are only estimates and could change at any time. View current market data.

Here’s what newcomers should expect when considering a home in Allen, TX.

A Breakdown of the Cost of Living in Allen, TX for Newcomers

Housing Costs

Homes in Allen are more expensive compared to the national average. Rental prices vary based on the size and amenities of the apartment.

Utilities

Utility costs in Allen are 18% higher than the national average.

Transportation

Transportation costs vary depending on your commute, but there are plenty of nearby highways. Expenses like gas prices are on par with the national average.

Groceries

Grocery prices in Allen are 9% below the national average. A gallon of milk averages $2.21, a loaf of bread is $3.53, and a carton of eggs is $2.05.

Healthcare

The cost of healthcare in Allen is 5% above the national average. The area has several good medical facilities; the average doctor’s visit is $130.

Education

Allen takes education seriously, as evidenced by its schools. Although there’s only one high school, it’s highly rated. Parents have plenty of choices, with 16 elementary schools available.

Parks and Recreation

Allen’s parks system is exceptional. The city boasts 50 parks, with 76% of residents within a 10-minute walk of one, with more parks on the way.

Commercial Centers

While considered a suburban community, Allen offers diverse shopping options, restaurants, and bars. You can also find sports facilities like golf clubs and tennis courts.

The Cost of Living in Allen Tx in Comparison to Other Cities

Allen’s cost of living is moderate. It’s cheaper than larger cities like Dallas and Houston but more expensive than smaller Texas towns.

Conclusion

A balanced cost of living awaits newcomers in Allen, TX. While housing and utilities can be costly, other expenses like groceries and healthcare are average, making Allen an excellent place to consider for those looking for a comfortable suburban lifestyle.

Enjoy The Perks of Living in Allen, TX!

Let real estate specialists from the Greater Dallas Area guide you through your dream home! Please click here to book a free consultation with agents from North Point Realty. See what satisfied buyers and sellers think about our services by viewing their testimonials.

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