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.