Krum, TX Cost of Living


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Krum cost of living score
107.6
More expensive
7.6% higher
than the US average
14.2% higher
than the Texas average
Krum, Texas gets a BestPlaces Cost of Living score of 107.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.6% higher than the U.S. average and 14.2% higher than the average for Texas.

Krum, TX

Housing costs in Krum?
A typical home costs $331,300, which is 2.0% less expensive than the national average of $338,100 and 11.3% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Krum costs $1,720 per month, which is 20.3% more than the national average of $1,430 and 25.6% more than the state average of $1,280.

Can I afford Krum?
To live comfortably in Krum, Texas, a minimum annual income of $63,360 for a family, and $58,400 for a single person is recommended.

What does A.I. say about Krum?
Krum, TX is a great place to live, as it offers an affordable cost of living. According to Best Places, Krum's cost of living index is 79.3, which is significantly lower than the US average of 100. This means that overall costs are much lower than the national average for things like housing, food and transportation costs. Furthermore, Texas has no state income tax which makes it even more attractive for those looking to save money on their living expenses.
   Cost of living score
     CategoriesKrumTexasUnited States
  107.694.2100.0
  98.293.7100
  100.5100.0100.0
  93.783.5100.0
  $331,300$297,600$338,100
  102.3%99.2%100.0%
  96.9103.3100.0
  103.883.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Krum
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Over 9 years ago

Pros: 1. In general the people are very friendly - (Strangers will wave to passers by, courteous drivers. Etc.) 2. Safe. (Low crime, one of the few places where  More

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Over 18 years ago

Harley or Honda, Iron Horse or BMW, North Texas is a great place for motorcycle riding. The many 2-lane blacktops from Denton, TX north to the Oklahoma border and  More

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