Farwell, TX Cost of Living


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United States / Texas / No Metro Area / Parmer County / Farwell / Zip Codes
How much do I need to live in Farwell, Texas?
$2,370 / month
for a family, 56.1% less expensive than the national average A total of $28,440 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Farwell cost of living score
71
Less expensive
29.0% lower
than the US average
24.6% lower
than the Texas average
Farwell, Texas gets a BestPlaces Cost of Living score of 71, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.0% lower than the U.S. average and 24.6% higher than the average for Texas.

Farwell, TX

Housing costs in Farwell?
A typical home costs $149,000, which is 55.9% less expensive than the national average of $338,100 and 49.9% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Farwell costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 54.2% cheaper than the state average of $1,280.

Can I afford Farwell?
To live comfortably in Farwell, Texas, a minimum annual income of $28,440 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Farwell?
The cost of living in Farwell, TX is relatively affordable compared to other areas. The median home value in this city is around $83,000, and the median rent price is around $800 per month. Additionally, groceries are inexpensive with an average grocery bill for a family of four estimated to be just over $300 every month. Gas prices are also low, averaging about 10% lower than the national average. All of these factors make Farwell an economical place to live and work.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFarwellTexasUnited States
    Unlock94.2100.0
  91.3  Unlock100.0
    Unlock100.0100.0
  48.6  Unlock100.0
    Unlock$297,600$338,100
  95.9  Unlock100.0
    Unlock103.3100.0
  68.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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