Texas · Population 146,987 · Updated March 2026
How far your income goes in Denton
State-level tax rates that affect your costs
Denton has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 100 (where 100 equals the national median), Denton residents can expect to pay median rent of $1,344/month while earning a median household income of $73,719/year.
The median home value in Denton, TX is $325,700, with typical monthly owner costs around $1,461 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Denton.
Common questions about living costs in Denton
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