Housing costs in Kemp?
A typical home costs
$200,100, which is 40.8% less expensive than the national average of
$338,100 and 32.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Kemp costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 12.3% cheaper than the state average of
$1,280.
Can I afford Kemp?
To live comfortably in Kemp, Texas, a minimum annual income of
$38,520 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Kemp?
Kemp, TX has a relatively low cost of living compared to other cities in the United States. The overall cost of living index is 81.1, which is lower than the national average of 100. According to BestPlaces, the median home cost in Kemp is $106,200, and rent for a one bedroom apartment averages around $698 per month. Utility costs are also quite low, with electricity averaging only $118 per month and water approximately $25 per month. Overall, the cost of living in Kemp is quite affordable and provides residents with a comfortable lifestyle without having to stretch their financial resources too thin.