Housing costs in Bloomington?
A typical home costs
$80,000, which is 76.3% less expensive than the national average of
$338,100 and 73.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Bloomington costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 32.0% cheaper than the state average of
$1,280.
Can I afford Bloomington?
To live comfortably in Bloomington, Texas, a minimum annual income of
$15,480 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Bloomington?
The cost of living in Bloomington, TX is quite reasonable. According to Sperling's Best Places, the overall cost of living index for this area is 83.3, which is 17% lower than the average for the United States. Housing costs in particular are very affordable - the median home value in Bloomington is just over $90,000, which makes it a great option for those looking to purchase a home on a budget. Additionally, overall taxes are low in comparison to much of the rest of Texas, making this an attractive option for families and individuals alike looking to live comfortably without breaking the bank.