Housing costs in Allen?
A typical home costs
$471,400, which is 39.4% more expensive than the national average of
$338,100 and 58.4% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Allen costs
$2,090 per month, which is 63.3% more than the national average of
$1,280 and 26.8% more than the state average of
$1,530.
Can I afford Allen?
To live comfortably in Allen (zip 75002), Texas, a minimum annual income of
$90,360 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about Allen?
The cost of living in 75002 Allen, TX is relatively low compared to the average cost of living in the US. According to the Cost of Living Index, the cost of living is 11% lower than the US average. This means that for every $1 spent in Allen, TX, it only costs $0.89 when compared to other parts of the country. Housing costs are particularly low in 75002, with an average home price at around $331,000 and a median rent of just under $1400 per month. Additionally, groceries and utilities are also quite affordable due to competition among local stores and service providers. Overall, 75002 Allen, TX offers a great value for those looking for an affordable place to live.