Housing costs in The Colony?
A typical home costs
$443,700, which is 31.2% more expensive than the national average of
$338,100 and 49.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in The Colony costs
$1,810 per month, which is 41.4% more than the national average of
$1,280 and 15.5% more than the state average of
$1,530.
Can I afford The Colony?
To live comfortably in The Colony (zip 75056), Texas, a minimum annual income of
$84,960 for a family, and
$61,200 for a single person is recommended.
What does A.I. say about The Colony?
The cost of living in 75056 The Colony, TX is overall quite affordable. Housing prices are lower than the national average, with median homes costing around $225,000. Other costs such as healthcare and transportation are also lower than most other cities. Groceries and utilities cost a little bit more, but still remain fairly reasonable compared to other cities. Overall, the cost of living in The Colony is quite reasonable for those looking to set up shop in a new city.