Housing costs in Las Palmas?
A typical home costs
$127,300, which is 62.3% less expensive than the national average of
$338,100 and 57.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Las Palmas 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 Las Palmas?
To live comfortably in Las Palmas, Texas, a minimum annual income of
$24,480 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Las Palmas?
The cost of living in Las Palmas, TX is quite reasonable. The median home value is around $90,000, making it much more affordable than other cities nearby such as Dallas and Austin. Utilities are also reasonably priced with a monthly average of $150 for electricity and $35 for water. Groceries are slightly higher than the national average but still remain relatively low when compared to the large cities surrounding it. Additionally, transportation costs remain very low due to the small size of this town. Overall, Las Palmas is a great place to live with an excellent cost of living that makes it very accessible for people on a budget.