Cost of living
Prosper, Texas
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Prosper, TX is #73 on the list Top 100 Most Affordable U.S. Cities with Outstanding Education in 2023, #19 on the list Top 100 Best Places to Raise a Family in the South in 2023, #25 on the list Top 100 Best Places to Raise a Family in the South in 2022
Cost of living in Prosper, Texas
Cost of living compared to USAhigh
Cost of living compared to Texasthe highest
Median household incomethe highest
Is it expensive to live in Prosper, Texas? When calculating the cost of living in Prosper, Texas we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Prosper, Texas is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas, while median household income in Prosper is $153,777 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas.
Taxes in Prosper, Texas
The sales tax rate in Prosper, Texas is 8.2%. Last year, the average property taxes paid was 1.9% Prosper, Texas.
The state of Texas is one of the states with no state income taxes.
Housing costs in Prosper, Texas
The average cost of a single-family home compared to USAthe highest
The average cost of a single-family home compared to Texasthe highest
In Prosper, Texas, 89.0% of the population owns their homes, while approximately 11.0% rent. The average cost of a single-family home in Prosper, Texas in 2022 is $486,841 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas. The average one-bedroom apartment cost is approximately $1,834 per month.
Rental Size | Monthly Cost | Compared to Texas |
---|---|---|
1 Bedroom | $1,834 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $2,163 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $2,725 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $3,553 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Pros and Cons of living in Prosper, Texas in reviews from users in their own words:
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