Housing costs in Melissa?
A typical home costs
$442,400, which is 30.8% more expensive than the national average of
$338,100 and 48.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Melissa costs
$2,370 per month, which is 65.7% more than the national average of
$1,430 and 46.0% more than the state average of
$1,280.
Can I afford Melissa?
To live comfortably in Melissa, Texas, a minimum annual income of
$84,600 for a family, and
$80,400 for a single person is recommended.
What does A.I. say about Melissa?
The cost of living in Melissa, TX is relatively low compared to other parts of the state. The median home price is around $235,000 and the median income for a family of four is around $80,000. Additionally, food costs are very reasonable with groceries costing about 8 percent less than the national average. Utilities are also cheaper compared to other states as the average electricity bill comes to around $147 per month. As such, Melissa is an affordable place to live and settle down for those looking for a place with a low cost of living.