Housing costs in Temple?
A typical home costs
$255,100, which is 24.5% less expensive than the national average of
$338,100 and 14.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Temple costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$1,280.
Can I afford Temple?
To live comfortably in Temple, Texas, a minimum annual income of
$48,960 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Temple?
Temple, Texas has a cost of living index rating slightly higher than that if the nation at 103 due largely to housing expenses making up 43%, transportation at 10%, groceries (10%), utilities (7%) and healthcare making up 8%. However when looked at closely these figures give a more nuanced perspective because while utility costs are relatively high due largely to expensive power sources like coal or nuclear energy many other categories remain low or even below average providing citizens with an overall moderate cost of living compared to much almost anywhere else in America.