Housing costs in Big Spring?
A typical home costs
$122,900, which is 63.6% less expensive than the national average of
$338,100 and 58.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Big Spring costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 18.5% cheaper than the state average of
$1,280.
Can I afford Big Spring?
To live comfortably in Big Spring, Texas, a minimum annual income of
$23,400 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Big Spring?
Big Spring, TX is considered to be an affordable place to live with a relatively low cost of living. According to the Council for Community and Economic Research (C2ER), Big Spring's overall cost of living index in 2019 was 86.7, which is 14.3% lower than the national average. Housing costs in particular are quite reasonable, with median gross rent estimated at just $848 per month in 2017, according to the US Census Bureau. In addition, goods and services such as groceries, transportation costs, and healthcare expenses are all generally lower than the national average. All of these factors make Big Spring an ideal location for those looking for an affordable yet comfortable place to call home.