Housing costs in Valley Mills?
A typical home costs
$293,600, which is 13.2% less expensive than the national average of
$338,100 and 1.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Valley Mills costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$1,280.
Can I afford Valley Mills?
To live comfortably in Valley Mills, Texas, a minimum annual income of
$56,160 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Valley Mills?
Valley Mills, TX is an affordable place to live with a cost of living index of 75.7 compared to the national average of 100. This means that the overall cost of goods and services is 25.3 percent lower in Valley Mills than the rest of the country. Housing costs are especially low due to the median home value being around $77,400 which is much lower than most other cities in Texas and across the USA. Other expenses such as groceries, utilities, transportation and healthcare also tend to be cheaper in Valley Mills compared to other areas, making it a great place for people on a budget who want their money to stretch further.