Housing costs in Vinton?
A typical home costs
$152,000, which is 55.0% less expensive than the national average of
$338,100 and 48.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Vinton costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 37.6% cheaper than the state average of
$1,280.
Can I afford Vinton?
To live comfortably in Vinton, Texas, a minimum annual income of
$29,160 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Vinton?
The cost of living in Vinton, TX is relatively low compared to other cities. The median home value in Vinton is $82,100 which is significantly lower than the US average of $184,700. The cost of living index is 86.4, which is 14.6% lower than the US average. The median household income for Vinton, TX is roughly $45,819 while the unemployment rate stands at 4%. Gas prices are also lower at an average of $2.14 per gallon compared to the US average of $2.58 per gallon. With this information, it's clear that the cost of living in Vinton, TX is quite low and provides an attractive option for those looking to live there.