Housing costs in Lago?
A typical home costs
$183,500, which is 45.7% less expensive than the national average of
$338,100 and 38.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lago costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 47.1% cheaper than the state average of
$1,280.
Can I afford Lago?
To live comfortably in Lago, Texas, a minimum annual income of
$35,280 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lago?
The cost of living in Lago, TX is quite reasonable. Housing costs are low when compared to other cities in the region and utilities are very affordable. The overall cost of goods and services is about 8% lower than the national average, making it an attractive place to settle down and call home. Additionally, there is no state income tax in Texas, which makes it even more appealing for those wanting to live a frugal life. The city offers plenty of recreational activities that are free or low-cost, making it easy to find something to do without breaking the bank. With its low cost of living combined with great amenities, Lago is a great place to live for people looking for an affordable lifestyle.