If you're considering a move to DeSoto, Texas, one of the first questions that probably comes to mind is: Is DeSoto an expensive place to live, or is it affordable compared to other Texas cities? Whether you're a homebuyer, renter, or investor, understanding the cost of living can help you make a confident decision.
Housing Costs in DeSoto, TX
Housing is often the biggest factor when determining whether a city is affordable. In DeSoto, real estate is more affordable than nearby cities like Dallas or Plano. The average home price in DeSoto ranges from $215,000 to $325,000, depending on the neighborhood and market conditions.
Compared to the national average, DeSoto homes are generally priced lower, making it a solid choice for first-time buyers or families seeking more space without breaking the bank. Rental prices are also moderate, with monthly rent typically falling between $1,270 and $1,450 for most apartments and homes.
Everyday Living Expenses
Besides housing, other everyday costs such as groceries, transportation, healthcare, and utilities play a role in how affordable a city truly is.
Groceries: Slightly below the national average. Local markets and chain stores offer competitive pricing.
Utilities: Slightly higher than the Texas average, but still manageable within a standard household budget.
Transportation: Costs are typically lower than average due to DeSoto’s suburban layout and access to highways.
Healthcare: Fairly standard with access to clinics, urgent care centers, and hospitals within a short drive.
Comparing DeSoto to Other Cities
When compared to cities like Dallas, Grapevine, or Arlington, DeSoto offers a more budget-friendly lifestyle. You’ll get more square footage for your money, less traffic, and a strong sense of community. While it's not the cheapest city in Texas, it's certainly not among the most expensive either.
This balance of affordability and quality of life makes DeSoto attractive to families, professionals, and retirees alike.
Is DeSoto a Good Place to Live?
Absolutely. DeSoto offers the comfort of suburban living while keeping essential costs within reason. From spacious homes to moderate rent and everyday affordability, it's a well-rounded choice for many Texans.
If you're exploring nearby cities and want to compare, check out this helpful guide to moving to Grapevine, TX.