Housing costs in Dorchester?
A typical home costs
$342,500, which is 1.3% more expensive than the national average of
$338,100 and 15.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dorchester costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$1,280.
Can I afford Dorchester?
To live comfortably in Dorchester, Texas, a minimum annual income of
$65,520 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Dorchester?
The cost of living in Dorchester, TX is relatively low compared to the rest of the country. According to recent economic data from BestPlaces, the overall cost of living index in Dorchester is lower than the US average by about 16%. This means that everyday living costs such as groceries, rent and utilities are all generally more affordable here than in other cities. Additionally, housing prices are surprisingly low for a city located close to a major metropolitan area like Austin. Those looking for an affordable place to live will find it in Dorchester, TX.