Housing costs in Richardson?
A typical home costs
$410,400, which is 21.4% more expensive than the national average of
$338,100 and 37.9% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Richardson costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 27.7% more than the state average of
$1,280.
Can I afford Richardson?
To live comfortably in Richardson, Texas, a minimum annual income of
$78,480 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Richardson?
Richardson, TX has an above average cost of living compared to the US average. The median house value in Richardson is $410,400, which is significantly higher than the overall US median house value of $338,100. This indicates that Richardson likely has a relatively high cost of living, with a score of 111.7 on the Cost of Living Index compared to the US average score of 100. Overall, it appears that living in Richardson is more expensive than other parts of the country.