Housing costs in Allen?
A typical home costs
$496,700, which is 46.9% more expensive than the national average of
$338,100 and 66.9% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Allen costs
$1,930 per month, which is 35.0% more than the national average of
$1,430 and 33.7% more than the state average of
$1,280.
Can I afford Allen?
To live comfortably in Allen, Texas, a minimum annual income of
$95,040 for a family, and
$65,600 for a single person is recommended.
What does A.I. say about Allen?
Allen provides residents great value for cost-effective living located somewhere within Texas' Collin County consisting of median housing values ranging from the mid-$200s onwards and rental prices typically hovering close by at between $1,050 - 1,300 respectively - both easily cheaper compared to nearby towns such as Plano or Richardson that are situated a bit deeper eastward. Groceries similarly stay slightly above US averages due largely to local taxes & regulations while sales tax rests steadfastly at 8%.