Housing costs in Palacios?
A typical home costs
$158,500, which is 53.1% less expensive than the national average of
$338,100 and 46.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Palacios costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 28.0% cheaper than the state average of
$1,280.
Can I afford Palacios?
To live comfortably in Palacios, Texas, a minimum annual income of
$30,240 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Palacios?
The cost of living in Palacios, TX is relatively low compared to other cities and towns in Texas. The median home price in the city is around $125,000, which is lower than the state's average. The overall cost of living index for Palacios is 87.5 (the national average is 100), indicating that it is a more affordable place to live compared to other areas. Furthermore, utilities are relatively cheap with electricity rates at an average of 9.9 cents per kWh which is one of the lowest in the state. The transportation costs are also slightly below average, with a gallon of gas costing about $2.11 per gallon on average. Overall, Palacios is an affordable place to live in Texas and offers many benefits to its residents when it comes to cost of living.