Housing costs in Mercedes?
A typical home costs
$103,500, which is 69.4% less expensive than the national average of
$338,100 and 65.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Mercedes costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 60.0% cheaper than the state average of
$1,280.
Can I afford Mercedes?
To live comfortably in Mercedes, Texas, a minimum annual income of
$19,800 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Mercedes?
The cost of living in Mercedes, TX is quite reasonable. With a median home value of $86,400 and a median household income of $35,624, the town offers an affordable standard of living as compared to other cities in the region. Taxes are relatively low and the area benefits from a strong job market. Additionally, utilities costs are lower than other areas due to its climate and average temperature. All these factors combined make Mercedes an attractive choice for those looking for an economical place to live without sacrificing amenities or access to activities.