Housing costs in Groves?
A typical home costs
$160,900, which is 52.4% less expensive than the national average of
$338,100 and 45.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Groves costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 10.3% cheaper than the state average of
$1,280.
Can I afford Groves?
To live comfortably in Groves, Texas, a minimum annual income of
$30,960 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Groves?
The cost of living in Groves, TX is quite affordable. The city has an overall cost of living index of 80, which is 20% lower than the national average. Housing costs are especially low as the median home price in Groves is only $73,900 compared to the national median of $184,700. Other essential expenses such as groceries and healthcare are also cheaper than average. This makes it a great place for those looking to get more bang for their buck when it comes to everyday costs.