Housing costs in Edgewood?
A typical home costs
$249,800, which is 26.1% less expensive than the national average of
$338,100 and 16.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Edgewood costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 39.1% cheaper than the state average of
$1,280.
Can I afford Edgewood?
To live comfortably in Edgewood, Texas, a minimum annual income of
$47,880 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Edgewood?
The cost of living in Edgewood, TX is quite reasonable. In comparison to the national average, the cost of living index in Edgewood is approximately 8% lower than other parts of the country. Rent is also very affordable at around $700 per month for a one-bedroom apartment. Groceries and other necessary items are also available at very competitive prices. Gasoline is relatively cheap as well, with gas prices staying consistently below the national average. All in all, Edgewood is an affordable place to live and work without sacrificing any of the necessary amenities or quality of life.