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Cost of Living in Stafford

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

Rent vs. Buy Affordability Calculator

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

$61,364
$725/mo

Median in area: $725

$92,100

Median in area: $92,100

$18,420

If you Rent

$1,031 /mo
Base Rent$725
Est. Utilities$306
% of Income20.2%
Pre-tax Residual$4,083

If you Buy

$1,045 /mo
P&I (7.494%)$515
Taxes & Ins$224
Est. Utilities$306
% of Income20.4%
Pre-tax Residual$4,069

Cost of Living FAQs

Is it cheaper to rent or buy in Stafford?

Based on median housing data, renting is currently more affordable on a monthly basis in Stafford. The estimated all-in monthly cost for renting is $1,031, while owning a median-priced home with a 20% down payment is roughly $1,045 per month (a difference of $14).

How much do utilities cost in Stafford?

The average monthly utility cost (electricity and natural gas) for a typical home in Stafford is approximately $306. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Stafford?

To comfortably afford the median rent and utilities in Stafford without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $41,240 per year.