Relocating to Farmers Branch, Texas, offers a balance of affordability and access to big-city amenities. Known as the “City in a Park,” Farmers Branch combines suburban charm with urban convenience. Understanding the cost of living is essential when considering a move, so here’s an in-depth look at what to expect in Farmers Branch.
1. Housing Costs
Affordable and Diverse Options
Housing is one of the most significant components of the cost of living, and Farmers Branch offers a range of options to fit different budgets:
Median Home Prices: The median home price in Farmers Branch is around $400,000, which is competitive compared to nearby Dallas and other metroplex cities.
Rental Prices: Renters can expect to pay an average of $1,400–$2,500 per month for apartments, condos, or single-family homes, depending on size and amenities.
Luxury Living: For those seeking upscale homes, neighborhoods like Mercer Crossing offer high-end properties with resort-style amenities.
Pro Tip: Farmers Branch is an excellent choice for buyers and renters seeking value without compromising on location or quality.
2. Utilities
Reasonable Costs for Essential Services
The cost of utilities in Farmers Branch aligns with the national average:
Electricity: Monthly electric bills range from $120–$200, depending on the season and home size.
Water and Trash: The average water bill is approximately $50–$70 per month, with trash collection included.
Internet and Cable: Internet services range from $60–$120 monthly, with high-speed options available for remote workers or tech-savvy households.
3. Transportation
Efficient and Affordable Commuting
Farmers Branch’s central location and public transportation options make commuting convenient and cost-effective:
Gas Prices: Gas prices in Texas are typically below the national average, with Farmers Branch residents benefiting from lower fuel costs.
Public Transit: The DART Green Line connects Farmers Branch to Dallas and surrounding areas. A monthly DART pass costs approximately $96, making it an affordable option for commuters.
Car Insurance: The average annual car insurance premium in Farmers Branch is around $1,500, which varies based on the driver’s profile and coverage.
4. Food and Dining
Variety for Every Budget
From groceries to dining out, Farmers Branch offers affordable options for food lovers:
Grocery Costs: A family of four spends an average of $800–$1,000 per month on groceries, with access to stores like Kroger, Walmart, and specialty markets.
Dining Out: Enjoy diverse dining options, from casual eateries to upscale restaurants. Meals at local restaurants range from $10–$15 per person for casual dining and $30–$50 for fine dining.
5. Healthcare
Access to Quality Care
Farmers Branch residents benefit from high-quality healthcare at a reasonable cost:
Health Insurance: Premiums for individuals average $400–$600 per month, depending on coverage and provider.
Local Providers: Proximity to excellent hospitals and clinics, such as Medical City Dallas, ensures convenient access to care.
Out-of-Pocket Costs: Routine visits and medications are competitively priced, aligning with the state average.
6. Education
Affordable Options for Families
Families relocating to Farmers Branch will find cost-effective education options:
Public Schools: Part of Carrollton-Farmers Branch ISD, public schools are tuition-free and well-regarded for their academic programs.
Private Schools: Tuition at private schools ranges from $10,000–$20,000 annually, with several options nearby.
Higher Education: Brookhaven College offers affordable tuition for local students, with financial aid options available.
7. Entertainment and Recreation
Plenty of Budget-Friendly Fun
Farmers Branch provides ample recreational opportunities without breaking the bank:
Parks and Trails: Enjoy free access to over 30 parks, including Farmers Branch Historical Park and The Rose Gardens.
Community Events: Seasonal activities like the Bloomin’ Bluegrass Festival and Christmas Tree Lighting are family-friendly and often free or low-cost.
Fitness and Sports: Local gyms and fitness centers have memberships ranging from $25–$100 per month.
8. Taxes
No State Income Tax
One of the biggest financial benefits of living in Farmers Branch is Texas’s lack of state income tax:
Property Taxes: Property tax rates in Farmers Branch are about 2.2%, slightly higher than the national average but offset by affordable home prices.
Sales Tax: The local sales tax rate is 8.25%, typical for cities in the DFW metroplex.
9. Miscellaneous Expenses
Other Living Costs
Farmers Branch residents enjoy affordable costs for everyday needs:
Childcare: Daycare costs average $800–$1,200 per month, depending on the provider.
Personal Services: Haircuts, manicures, and similar services range from $25–$100 depending on the service and location.
Pet Care: Veterinary visits and grooming services are competitively priced, with numerous options available.
10. Comparison to Nearby Cities
Farmers Branch vs. Dallas and Plano
Farmers Branch vs. Dallas: Farmers Branch offers more affordable housing and a quieter suburban feel, while Dallas provides a vibrant urban lifestyle at a higher cost.
Farmers Branch vs. Plano: Farmers Branch tends to have slightly lower housing and utility costs, though Plano offers a larger selection of master-planned communities.
Conclusion
The cost of living in Farmers Branch, Texas, strikes a perfect balance between affordability and access to amenities. Whether you’re a young professional, growing family, or retiree, this vibrant community offers a high quality of life at a reasonable price. With its central location, excellent schools, and abundant recreational opportunities, Farmers Branch is a smart choice for anyone looking to enjoy the best of the DFW area.
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The above information regarding the “DFW & Farmers Branch Realtors You Can Trust to Put Your Interests First" was provided by Nitin Gupta, CRS, GRI, REALTOR. Nitin has experience helping families buy and sell homes in the Dallas/Fort Worth area including Farmers Branch, Texas. If you’re thinking of selling or buying in Farmers Branch, he would love to share his knowledge and expertise. Learn more about Farmers Branch real estate market and Collin County Real Estate news at
The communities he proudly serves include Farmers Branch, Coppell, Irving, University Park, Dallas, Farmers Branch, Flower Mound, Colleyville, Grapevine, Highland Park.
