Housing costs in Richland?
A typical home costs
$199,300, which is 41.1% less expensive than the national average of
$338,100 and 33.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Richland costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 43.8% cheaper than the state average of
$1,280.
Can I afford Richland?
To live comfortably in Richland, Texas, a minimum annual income of
$38,160 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Richland?
The cost of living in Richland, TX is slightly lower than the national average. Residents can expect to find affordable housing options, as the median home value is around $80,000. Other costs such as groceries, health care, and utilities are also relatively low when compared to other cities in the area. Additionally, there is a variety of recreational activities available throughout the town that offer residents a chance to get out and enjoy their natural surroundings without breaking the bank. All these factors make Richland an excellent place for those looking for a cost-effective lifestyle.