Housing costs in Savoy?
A typical home costs
$245,900, which is 27.3% less expensive than the national average of
$338,100 and 17.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Savoy costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 25.5% cheaper than the state average of
$1,280.
Can I afford Savoy?
To live comfortably in Savoy, Texas, a minimum annual income of
$47,160 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Savoy?
The cost of living in Savoy, TX is generally quite affordable. The overall cost of living index is 87, which is 13% lower than the national average. Housing costs are particularly low; the median home price is just $81,900, while the median rent is only $657 per month. Groceries and other basic items are also relatively inexpensive. In addition, Savoy features low taxes and no state income tax, making it an ideal place for those looking to save money on their everyday expenses.