Housing costs in Elm Creek?
A typical home costs
$123,300, which is 63.5% less expensive than the national average of
$338,100 and 58.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Elm Creek costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$1,280.
Can I afford Elm Creek?
To live comfortably in Elm Creek, Texas, a minimum annual income of
$23,760 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Elm Creek?
The cost of living in Elm Creek, TX is reasonable. The median home value is slightly above the national average, but below other Texas cities like Austin and Dallas. The average salary for jobs in the city is also slightly higher than most places in Texas, which helps to keep living costs down. Taxes are also generally lower than in other parts of the state. All of this makes Elm Creek an attractive option for families looking to move to a place with a low cost of living.