Housing costs in Lake Brownwood?
A typical home costs
$118,000, which is 65.1% less expensive than the national average of
$338,100 and 60.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lake Brownwood costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 37.6% cheaper than the state average of
$1,280.
Can I afford Lake Brownwood?
To live comfortably in Lake Brownwood, Texas, a minimum annual income of
$22,680 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Lake Brownwood?
The cost of living in Lake Brownwood, TX is competitive when compared to other areas in the United States. The cost of housing is particularly affordable, with the median home price being just under $100,000. Additionally, the median rental rate for a two-bedroom apartment is around $775 per month. Utilities are also economical; typical monthly bills hover around $125 for electricity and $45 for water and garbage collection. Groceries are slightly more expensive than average, but local restaurants offer a variety of menu items that won't break your budget. All in all, Lake Brownwood offers an affordable cost of living that entices many people to call this town their home.