Malakoff, TX Cost of Living


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Malakoff cost of living score
89.1
Less expensive
10.9% lower
than the US average
5.4% lower
than the Texas average
Malakoff, Texas gets a BestPlaces Cost of Living score of 89.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.9% lower than the U.S. average and 5.4% higher than the average for Texas.

Malakoff, TX

Housing costs in Malakoff?
A typical home costs $218,800, which is 35.3% less expensive than the national average of $338,100 and 26.5% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Malakoff costs $930 per month, which is 35.0% cheaper than the national average of $1,430 and 37.6% cheaper than the state average of $1,280.

Can I afford Malakoff?
To live comfortably in Malakoff, Texas, a minimum annual income of $41,760 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Malakoff?
The cost of living in Malakoff, TX is quite reasonable. The overall cost of living index is 85.1, which is 15% lower than the national average. Housing costs are particularly low, with an index of 71.6 compared to the national average of 100. Renters and buyers alike can find plenty of affordable housing options throughout the city, from single-family homes to apartments and condominiums. Prices at grocery stores and restaurants are also below the national average, making it easy to save money while shopping for essentials or enjoying a delicious meal out. All in all, Malakoff offers a great balance between affordability and quality of life.
   Cost of living score
     CategoriesMalakoffTexasUnited States
  89.194.2100.0
  95.493.7100
  102.1100.0100.0
  60.483.5100.0
  $218,800$297,600$338,100
  101.3%99.2%100.0%
  86.9103.3100.0
  83.383.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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