Housing costs in Commerce?
A typical home costs
$202,600, which is 40.1% less expensive than the national average of
$338,100 and 31.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Commerce costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 13.3% cheaper than the state average of
$1,280.
Can I afford Commerce?
To live comfortably in Commerce, Texas, a minimum annual income of
$38,880 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Commerce?
The cost of living in Commerce, TX is fairly affordable compared to the rest of the country. According to a Cost of Living Index by BestPlaces.net, the index for Commerce is 82.6 which is slightly below the national average of 100. Rent in Commerce is slightly lower than the rest of Texas at an average monthly rent of $1,077 per month for two-bedroom apartments. The monthly utility bills are also relatively low with electricity costing an average of $63 per month and gas for $19 per month. Groceries cost a little more, however, averaging at about 8% higher than the national average. All in all, living in Commerce is quite affordable and a great option if you're looking for a place that won't break the bank.