Housing costs in Roanoke?
A typical home costs
$414,600, which is 22.6% more expensive than the national average of
$338,100 and 39.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Roanoke costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 26.9% more than the state average of
$1,280.
Can I afford Roanoke?
To live comfortably in Roanoke, Texas, a minimum annual income of
$79,560 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Roanoke?
Roanoke, TX is a great place to live if you're looking for an affordable cost of living. The median home value in Roanoke is about $212,000 and the median rent price is around $1,400 per month. For those who don't own a home, the cost of living in Roanoke is still very attractive. Groceries and other goods are moderately priced in comparison to most other cities in Texas, making it easy to maintain a budget while still having access to all that the city has to offer. Property taxes are also low compared to many surrounding areas, making it an attractive option for those who want to invest in real estate. All-in-all, Roanoke offers residents an excellent quality of life at a reasonable price.