Housing costs in Penitas?
A typical home costs
$128,600, which is 62.0% less expensive than the national average of
$338,100 and 56.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Penitas costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 50.6% cheaper than the state average of
$1,280.
Can I afford Penitas?
To live comfortably in Penitas, Texas, a minimum annual income of
$24,480 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Penitas?
The cost of living in Penitas, TX is fairly low when compared to other cities in the state and nation. The median home value is just $44,500, which is significantly lower than the national median home value of $196,500. Additionally, utilities and groceries are more affordable with an index of 88 and 85 respectively. Property taxes are also relatively low, averaging only $1,735 per year. All of these figures combined suggest that Penitas has a lower cost of living than most other cities in Texas and throughout the US.