Housing costs in Houston?
A typical home costs
$218,700, which is 35.3% less expensive than the national average of
$338,100 and 26.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$960 per month, which is 25.0% cheaper than the national average of
$1,280 and 35.4% cheaper than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77061), Texas, a minimum annual income of
$41,760 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Houston?
Houston, TX is known for its relatively low cost of living. In particular, the zip code 77061 has an extremely affordable cost of living compared to the rest of Houston. According to BestPlaces's Cost of Living Index, goods and services in 77061 are approximately 13.7% cheaper than they are in the rest of Houston. Renting a one-bedroom apartment here will cost you $800 on average per month which is up to 33% cheaper than other parts of Houston! Groceries are also generally more affordable here with prices 12.3% lower than the city average. All in all, if you're looking to enjoy a high quality of life while saving some money, then moving to 77061 is a great choice!