Housing costs in Katy?
A typical home costs
$435,500, which is 28.8% more expensive than the national average of
$338,100 and 46.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Katy costs
$1,790 per month, which is 25.2% more than the national average of
$1,430 and 28.5% more than the state average of
$1,280.
Can I afford Katy?
To live comfortably in Katy, Texas, a minimum annual income of
$83,520 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Katy?
Katy, TX is known for its low cost of living. The overall cost of living index in Katy is 89.2 which is 11.8 points below the national average of 100. Housing costs are especially low, with a median home price at around $225,000 which is much lower than the national median home price of over $350,000. Additionally, the average rent for a one-bedroom apartment in Katy is only $825 per month. With its low housing costs and grocery prices that are 7% lower than the national average, it's no wonder that people are moving to Katy and enjoying the affordable lifestyle it offers.