When people picture small-town Texas charm with a touch of upscale living, Aledo often comes to mind.
Tucked in Parker County, just west of Fort Worth, Aledo has earned a reputation for its top-rated schools, family-friendly atmosphere, and scenic surroundings.
But this desirable suburban lifestyle comes at a price. This article gives you a closer look at the Aledo, Texas cost of living and how it compares to both Texas and the rest of the country.
Overall Cost of Living Index Comparison
Aledo vs. National Average
The overall cost of living in Aledo, TX typically sits slightly above the national average, hovering around 110–115, depending on the data source and housing trends. This means living in Aledo costs about 10–15% more than the average city in the United States.
For residents, that translates into higher housing and property-related costs, though other daily expenses tend to remain fairly average.
Aledo vs. Texas State Average
Compared to the broader Texas cost of living index of around 94, Aledo is clearly on the higher end.
The reason? It’s one of the more affluent suburbs of Fort Worth, known for its luxury home developments, excellent schools (particularly the Aledo Independent School District), and semi-rural exclusivity.
You’re paying a premium for the peace, safety, and space that come with Aledo life.
Key Cost Drivers
Housing is, by far, the biggest cost driver in Aledo’s higher index. Utility rates and property taxes also contribute, but the strong real estate demand—fueled by families relocating from Fort Worth or Dallas—plays the starring role.
Other essentials, like groceries and healthcare, remain relatively steady compared to the rest of Texas.
Housing Market Costs: The Major Expense
Median Home Sale Price
If you’re considering buying a home in Aledo, prepare for a competitive market. As of 2025, the median home price in Aledo, Texas, ranges from about $550,000 to over $750,000, depending on the neighborhood and lot size.
Properties in master-planned communities like Walsh Ranch or elevated rural estates can easily exceed $1 million. The strong school district and proximity to Fort Worth continue to push home values upward year over year.
Rental Market Overview
Renters will also find Aledo on the pricier side. A three-bedroom single-family home often rents between $2,800 and $3,500 per month, while smaller townhomes or apartments (where available) can start around $1,800.
Rental inventory remains limited, and with over 90% of residents owning their homes, it’s a homeowner’s market through and through.
Mortgage Costs
Assuming a 20% down payment on a $600,000 home at a 7% interest rate, monthly mortgage payments (including taxes and insurance) could land around $4,000–$4,200.
Buyers often find this manageable due to the area’s higher-than-average household incomes, but budgeting is key—especially when property taxes are factored in.
Ownership Rate
Homeownership is a defining feature of Aledo. Roughly 92–93% of households own their homes, compared to a national average closer to 65%.
This high rate reflects both the area’s stability and its attraction to long-term residents invested in community and education.
Taxes and Fees Unique to Aledo, TX
One of Texas’s biggest financial trade-offs is its lack of a state income tax, offset by higher property taxes. Aledo homeowners feel this balance directly. While you won’t see state income tax deducted from your paycheck, property tax bills can be substantial.
Aledo’s total property tax rate is a combination of several entities:
- Parker County
- City of Aledo
- Aledo Independent School District (AISD) — the largest contributor
Together, these can total around 2.60% to 2.75% of a home’s assessed value, depending on exact boundaries and exemptions.
Homeowners who designate their property as a primary residence can qualify for Texas’s Homestead Exemption, which reduces the taxable value of their home. This can shave several hundred to over a thousand dollars off an annual tax bill—a small but welcome relief.
Essential Monthly Utility and Energy Expenses
Electricity Deregulation in Texas
Texas operates under a deregulated electricity market, meaning Aledo residents can choose from multiple retail electric providers and pricing plans. This competition can work in your favor, though rates fluctuate with market conditions and usage.
Average Energy Bills
Expect an average monthly electric bill between $180 and $250, depending on home size, insulation, and summer cooling demands. Larger, newer homes with pools or smart systems may trend higher.
Water, Gas, and Internet
- Water/Sewer: Roughly $70–$110 per month, billed through the city or a local utility district.
- Natural Gas: Typically $50–$90 monthly, depending on usage.
- Internet: High-speed broadband plans (fiber or cable) generally range from $60–$100 monthly.
Daily Life and Secondary Costs
Groceries and Food
Aledo’s grocery costs are generally on par or slightly below the national average, thanks to nearby chains like H-E-B, Walmart, and Costco.
You’ll find local farmers’ markets and boutique grocers in the Fort Worth area, but day-to-day grocery shopping remains affordable.
Healthcare Costs
Healthcare expenses in Parker County tend to be comparable to national norms. Aledo residents often use facilities in Weatherford or Fort Worth, both of which offer a strong range of clinics and hospitals.
Transportation Costs
Aledo is a car-dependent community, so budgeting for a vehicle is essential.
Gas prices in Texas are among the lowest nationwide, often 10–15% below the U.S. average, helping offset the cost of longer commutes. Insurance rates are moderate, though they can vary by ZIP code and coverage level.
Public transportation options are minimal—most residents rely on personal vehicles for daily commuting, errands, and school drop-offs.
Frequently Asked Questions
Why is Aledo's cost of living higher than the Texas state average?
Aledo offers premium real estate, excellent schools, and proximity to Fort Worth, all of which drive up housing demand and property values.
What is the current property tax rate breakdown for Aledo ISD?
The total effective rate often falls between 2.6% and 2.75%, with AISD making up the largest portion, followed by Parker County and the City of Aledo.
Is it cheaper to rent or buy a home in Aledo, Texas?
Buying is often more cost-effective long-term due to equity gains, but high entry prices and taxes make renting a practical short-term option.
Are there any public transportation options available in Aledo?
Not currently. Most residents rely on personal vehicles, though Fort Worth’s transit system is expanding in surrounding areas.
How do Texas's deregulated electricity rates affect my monthly budget in Aledo?
You can shop around for the best provider, potentially saving money, but rates can vary seasonally and with energy demand.
What is the median household income necessary to comfortably afford a home in Aledo?
A household income of around $150,000 to $180,000 is typically needed to purchase at the median price range while maintaining a balanced budget.
Are there specific tax exemptions available only to residents of Parker County?
Standard Texas exemptions apply, including homestead, over-65, and disabled exemptions, but Parker County doesn’t offer additional unique exemptions.
Key Takeaway
Living in Aledo means embracing a premium suburban lifestyle where quality of life and education come at a cost.
Housing and property taxes are the largest budget items, but they reflect the town’s high community standards, safety, and strong sense of local pride.
If you’re drawn to quiet streets, top-tier schools, and easy access to Fort Worth’s job market, Aledo is worth the investment—just be sure to plan your budget carefully.
The trade-off? A lifestyle that blends small-town warmth with big-city convenience, making every dollar spent feel like it’s buying into something truly special.
Ready to explore the homes in Aledo, TX? Feel free to give me a call today at 817-873-6618 or email me at jared@modelrealtytx.com to schedule an appointment.
