Housing costs in Olton?
A typical home costs
$100,100, which is 70.4% less expensive than the national average of
$338,100 and 66.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Olton costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 58.0% cheaper than the state average of
$1,280.
Can I afford Olton?
To live comfortably in Olton, Texas, a minimum annual income of
$19,080 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Olton?
The cost of living in Olton, TX is generally quite affordable. According to BestPlaces.net, the cost of living index for the city is 81.2, which means that it is 18.8% lower than the U.S. average. Housing costs are especially low, making Olton a great option for those looking to move but with a tight budget. The median home value in Olton is around $56,000 and rent prices tend to stay below $900/month on average, so many people find it easier to purchase rather than rent in this small town. Additionally, groceries and other necessities are relatively inexpensive when compared to the rest of Texas and the United States as a whole so overall living expenses are quite manageable in Olton.