Housing costs in Shallowater?
A typical home costs
$242,700, which is 28.2% less expensive than the national average of
$338,100 and 18.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Shallowater costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 37.6% cheaper than the state average of
$1,280.
Can I afford Shallowater?
To live comfortably in Shallowater, Texas, a minimum annual income of
$46,440 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Shallowater?
The cost of living in Shallowater, TX is relatively affordable. According to Sperling's Best Places, the cost of living index in Shallowater is 79.3, which is lower than the national average of 100. This means that housing costs are typically lower in Shallowater than other areas of the country. Other expenses, such as groceries and utilities, are likewise very reasonable. With an average household income of $61,245 per year according to the US Census Bureau, residents can enjoy a comfortable life without worrying too much about their budget.