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Started By
Message
Cost of living -- Richardson/Garland, TX vs Baton Rouge
Posted on 10/31/17 at 4:08 pm
Posted on 10/31/17 at 4:08 pm
I am seeing things like cost of living being as much as 30-35% higher in Richardson. I have a potential job there, and a 25% raise is a possibility, but I don't think 30-35% is.
Is it really that much higher? Seems to be mostly due to housing and maybe utilities? Other things seem to be mostly a wash.
Thoughts?
TIA
Is it really that much higher? Seems to be mostly due to housing and maybe utilities? Other things seem to be mostly a wash.
Thoughts?
TIA
24
Posted on 10/31/17 at 4:11 pm to SG_Geaux
You pay more property taxes in exchange for good schools.
Considering that private schooling probably isn't counted in BR's Cost of Living, you might come out ahead.
Considering that private schooling probably isn't counted in BR's Cost of Living, you might come out ahead.
Posted on 10/31/17 at 4:11 pm to SG_Geaux
Housing is tight and prices are rising due to corporate relo but it's definitely not cost prohibitive. Milk, bread, gas, electricity, cable etc isn't any higher so I don't know what you mean by that.
Posted on 10/31/17 at 4:11 pm to SG_Geaux
Such a great area north of SMU.
just move there
just move there
Posted on 10/31/17 at 4:12 pm to SG_Geaux
Take the raise and move. You'll figure it out and make it work.
Posted on 10/31/17 at 4:12 pm to SG_Geaux
You can get a lot of house for the money a little farther outside the loop. Like Rockwall to the East and Frisco to the North. Also, Texas doesn't have a state income tax so you'll keep more of your paycheck.
Posted on 10/31/17 at 4:18 pm to SG_Geaux
Cost of housing is crazy in Dallas these days. On top of that, Property taxes are very high percentage wise and you'll be paying that higher percentage on a more expensive house. Homeowners Insurance is also higher than average in Texas. Dinner/ Drinks/ Entertainment is higher too but at least you have control over that.
Posted on 10/31/17 at 4:19 pm to SG_Geaux
Curious where you might be working actually. George Bush/75 area?
Posted on 10/31/17 at 4:23 pm to SG_Geaux
quote:
Garland, TX
frick
That
Posted on 10/31/17 at 4:25 pm to SG_Geaux
You pay more property tax, but have no state income tax.
Posted on 10/31/17 at 4:47 pm to SG_Geaux
There's no state income tax so increase what you would he making about 5%. As far as housing, yes it's expensive if you buy. I live in Dallas and went to LSU and apartment living isn't too much different. A nice 1 BR around downtown is about $1250/month. If you go out to Plano or The Colony it's going to be about $1000/month. Quality of life is x1,000,000 better.
Posted on 10/31/17 at 4:59 pm to SG_Geaux
Check out various cost of living calculators. I looked at one I've used, and it said it was 30% higher in Richardson than Baton Rouge. Mostly because of housing. BR is about 30% below national average, Richardson is about 35% above it.
Here's a couple sites I've tried whenever I've relocated
Sperling's
Numbeo
Here's a couple sites I've tried whenever I've relocated
Sperling's
Numbeo
Posted on 10/31/17 at 5:01 pm to CCTider
Also depends if you have kids..you can send them to good public schools in Richardson ISD.
Baton Rouge, not so much..
Baton Rouge, not so much..
Posted on 10/31/17 at 5:04 pm to SG_Geaux
quote:
You can get a lot of house for the money a little farther outside the loop. Like Rockwall to the East and Frisco to the North. Also, Texas doesn't have a state income tax so you'll keep more of your paycheck.
Rockwall for sure, maybe not Frisco anymore. I live around Rockwall now and commute to Richardson/Garland. Not bad at all.
Posted on 10/31/17 at 5:06 pm to kingbob
quote:
You pay more property taxes in exchange for good schools.
And you can deduct property taxes from your federal income tax, for now at least. You can't deduct tuition.
Posted on 10/31/17 at 5:09 pm to Steauxn
quote:
Texas doesn't have a state income tax so you'll keep more of your paycheck.
That's not one for one, again, because you can deduct state income taxes on your itemized deductions.
Posted on 10/31/17 at 5:10 pm to Zappas Stache
When weren’t housing prices crazy in Dallas?
Posted on 10/31/17 at 5:12 pm to Mingo Was His NameO
quote:you call this living?
I live in Dallas
Posted on 10/31/17 at 5:19 pm to JudgeHolden
quote:
That's not one for one, again, because you can deduct state income taxes on your itemized deductions.
IF you itemize and deductions aren't a $1 for $1 so this is really negligable.
Posted on 10/31/17 at 5:22 pm to Paul Allen
quote:
When weren’t housing prices crazy in Dallas?
I've been here 25 years and yearly price increases have never been close to what they are now. Prices in my hood have doubled over the last 8 years.....and prices didn't drop much in the recession....pretty much stayed level. And most of DFW has seen prices rise close to 10% per year over the last 8 years. Basically, a $250k house in the burbs 15 years ago before the recession costs $375k now. For close-in houses in the city its been a 12% or more rise per year.
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