Housing costs in Mount Vernon?
A typical home costs
$221,400, which is 34.5% less expensive than the national average of
$338,100 and 25.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Mount Vernon costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 28.0% cheaper than the state average of
$1,280.
Can I afford Mount Vernon?
To live comfortably in Mount Vernon, Texas, a minimum annual income of
$42,480 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Mount Vernon?
The cost of living in Mount Vernon, TX is affordable and manageable. The median home price in the area is $99,800 which is lower than the national average. Additionally, the cost of groceries and utilities are also below the national average making it a great place to live without breaking the bank. Sales tax rate also falls below the national average at 6.25%. The overall cost of living index for Mount Vernon, TX is 80.6 which is 20 percent lower than average for U.S cities which makes this a great place to reside if you want an affordable lifestyle.