Paloma Creek, TX Cost of Living


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Paloma Creek cost of living score
107.6
More expensive
7.6% higher
than the US average
14.2% higher
than the Texas average
Paloma Creek, Texas gets a BestPlaces Cost of Living score of 107.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.6% higher than the U.S. average and 14.2% higher than the average for Texas.

Paloma Creek, TX

Housing costs in Paloma Creek?
A typical home costs $273,000, which is 19.3% less expensive than the national average of $338,100 and 8.3% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Paloma Creek costs $2,240 per month, which is 56.6% more than the national average of $1,430 and 42.9% more than the state average of $1,280.

Can I afford Paloma Creek?
To live comfortably in Paloma Creek, Texas, a minimum annual income of $52,200 for a family, and $76,000 for a single person is recommended.

What does A.I. say about Paloma Creek?
The cost of living in Paloma Creek, TX is quite affordable. The median home value is around $150,000, which is significantly lower than the national average. The median household income around $50,000, which is slightly higher than the state average but still lower than the national average. Groceries and other necessities are relatively inexpensive in Paloma Creek compared to other cities. Additionally, housing costs are relatively low due to the abundance of available housing options in the area. All this makes Paloma Creek an attractive option for those looking to live a comfortable and affordable life without having to endure high living costs.
   Cost of living score
     CategoriesPaloma CreekTexasUnited States
  107.694.2100.0
  99.893.7100
  100.5100.0100.0
  94.583.5100.0
  $273,000$297,600$338,100
  100.2%99.2%100.0%
  97.4103.3100.0
  103.983.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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