Housing costs in Payne Springs?
A typical home costs
$304,300, which is 10.0% less expensive than the national average of
$338,100 and 2.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Payne Springs costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 4.1% cheaper than the state average of
$1,280.
Can I afford Payne Springs?
To live comfortably in Payne Springs, Texas, a minimum annual income of
$58,320 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Payne Springs?
The cost of living in Payne Springs, TX is quite reasonable compared to other parts of the country. Prices for food and housing are well below the national average, making it an attractive place to live for those on a budget. The median home value in Payne Springs is around $142,000 which is much lower than the national average and makes it a great location for first time home buyers or those looking to purchase an affordable property. Additionally, groceries and food costs tend to be lower in Payne Springs as well. Overall, Payne Springs offers a great quality of life at a price that won’t break the bank.