New Home, TX Cost of Living


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New Home cost of living score
80.4
Less expensive
19.6% lower
than the US average
14.6% lower
than the Texas average
New Home, Texas gets a BestPlaces Cost of Living score of 80.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.6% lower than the U.S. average and 14.6% higher than the average for Texas.

New Home, TX

Housing costs in New Home?
A typical home costs $181,400, which is 46.3% less expensive than the national average of $338,100 and 39.0% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in New Home costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 50.6% cheaper than the state average of $1,280.

Can I afford New Home?
To live comfortably in New Home, Texas, a minimum annual income of $34,920 for a family, and $28,000 for a single person is recommended.

What does A.I. say about New Home?
The cost of living in New Home, TX is quite reasonable. It is lower than the national average, and there are plenty of affordable housing options available. The median home value is around $175,000, while the median household income is $68,521, making it an excellent place to live for those looking to stretch their budget. There are also a variety of different restaurants and stores as well as numerous entertainment options to choose from. All in all, New Home is a great place to live if you're looking for an affordable lifestyle with plenty of amenities.
   Cost of living score
     CategoriesNew HomeTexasUnited States
  80.494.2100.0
  90.993.7100
  115.4100.0100.0
  95.083.5100.0
  $181,400$297,600$338,100
  96.6%99.2%100.0%
  79.5103.3100.0
  86.783.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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