Housing costs in McAllen-Edinburg-Mission?
A typical home costs
$166,400, which is 50.8% less expensive than the national average of
$338,100 and 44.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in McAllen-Edinburg-Mission costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 45.5% cheaper than the state average of
$1,280.
Can I afford McAllen-Edinburg-Mission?
To live comfortably in McAllen-Edinburg-Mission Te Metro Area, Texas, a minimum annual income of
$32,040 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about McAllen-Edinburg-Mission?
The cost of living in the McAllen-Edinburg-Mission, TX Metro Area is significantly lower than the US average. The median value for a house in this area is $166,400 compared to the US average of $338,100. This means that it costs less for people to live there due to the low housing prices and generally lower cost of goods and services. Overall, living in McAllen-Edinburg-Mission, TX Metro Area proves to be an economical choice and has a cost of living index rating of 76.7 compared to the US average which is 100.