Housing costs in Groesbeck?
A typical home costs
$182,600, which is 46.0% less expensive than the national average of
$338,100 and 38.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Groesbeck 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 Groesbeck?
To live comfortably in Groesbeck, Texas, a minimum annual income of
$34,920 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Groesbeck?
Groesbeck, TX is an affordable place to live. The cost of living in Groesbeck is well below the national average, with housing being particularly affordable. On average, a home in Groesbeck will cost around 30% less than the rest of the country. In addition to this, expenses such as groceries and healthcare are also significantly cheaper in Groesbeck compared to other parts of Texas and the United States. With low costs all around, Groesbeck makes for an excellent place to set up a budget-friendly home.