Housing costs in Mansfield?
A typical home costs
$413,000, which is 22.2% more expensive than the national average of
$338,100 and 38.8% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Mansfield costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 27.7% more than the state average of
$1,280.
Can I afford Mansfield?
To live comfortably in Mansfield, Texas, a minimum annual income of
$79,200 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Mansfield?
Mansfield, Texas has a cost of living index rating slightly lower than that if the nation at 95 due largely to its relatively low housing costs making up 36%, transportation at 11%, groceries (13%), utilities (7%) and healthcare making up 9%. Although utility costs remain relatively high due largely to expensive power sources such as coal or nuclear energy most other categories are either on par or even below average providing citizens with an overall moderate cost of living compared with almost anywhere else in America whilst having access similar amenities found citywide from whatever municipality they call home.