Housing costs in Cottonwood?
A typical home costs
$311,300, which is 7.9% less expensive than the national average of
$338,100 and 4.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Cottonwood costs
$1,530 per month, which is 7.0% more than the national average of
$1,430 and 16.3% more than the state average of
$1,280.
Can I afford Cottonwood?
To live comfortably in Cottonwood, Texas, a minimum annual income of
$59,760 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Cottonwood?
The cost of living in Cottonwood, TX is relatively affordable compared to other cities in the state. The median home value is just over $120,000, which is lower than the national average. Additionally, the cost of groceries and utilities are quite low. Furthermore, it has a low unemployment rate of 3.2%, and its job market is growing steadily. All of these factors make Cottonwood an attractive place to live for many people who are looking for a reasonably priced yet pleasant place to call home.