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Cost of Living in Cooke County

Is it better to rent or buy in Cooke County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$77,271
$1,091/mo

Median in area: $1,091

$253,049

Median in area: $253,049

$50,610

If you Rent

🔑
$1,233 /mo
Base Rent$1,091
Est. Utilities$142
% of Income19.1%
Pre-tax Residual$5,206

If you Buy

🏠
$1,874 /mo
P&I (6.966%)$1,342
Taxes & Ins$390
Est. Utilities$142
% of Income29.1%
Pre-tax Residual$4,565

Compare Nearby Areas

See how Cooke County stacks up against neighboring areas.

countyWise County, TX
$1,309/mo
countyDenton County, TX
$2,050/mo
countyMontague County, TX
$990/mo
countyGrayson County, TX
$1,314/mo
countyLove County, OK
$932/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Cooke County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Cooke County. The estimated all-in monthly cost for renting is $1,233, while owning a median-priced home with a 20% down payment is roughly $1,874 per month (a difference of $641).

How much do utilities cost in Cooke County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Cooke County is approximately $142. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Cooke County?›

To comfortably afford the median rent and utilities in Cooke County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $49,320 per year.