Mineral Wells Metro Area, TX Cost of Living


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United States / Texas / Mineral Wells Metro Area / Counties / Cities / Zip Codes

Mineral Wells cost of living score
77.9
Less expensive
22.1% lower
than the US average
17.3% lower
than the Texas average
Mineral Wells Te Metro Area, Texas gets a BestPlaces Cost of Living score of 77.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.1% lower than the U.S. average and 17.3% higher than the average for Texas.

Mineral Wells Metro Area, TX

Housing costs in Mineral Wells?
A typical home costs $224,900, which is 33.5% less expensive than the national average of $338,100 and 24.4% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Mineral Wells costs $920 per month, which is 35.7% cheaper than the national average of $1,430 and 39.1% cheaper than the state average of $1,280.

Can I afford Mineral Wells?
To live comfortably in Mineral Wells Te Metro Area, Texas, a minimum annual income of $43,200 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Mineral Wells?
The cost of living in Mineral Wells, TX Metro Area is much lower than the US average, with an index of 77.9 compared to the US average of 100. This could make it an attractive area for those looking to purchase a home as the median value of houses in the metro area is $224900 compared to the US average of $338100. Therefore, residents of Mineral Wells have access to a high quality of life for significantly less than many other areas in the United States.
   Cost of living score
     CategoriesMineral WellsTexasUnited States
  77.994.2100.0
  95.993.7100
  103.5100.0100.0
  46.883.5100.0
  $224,900$297,600$338,100
  100.3%99.2%100.0%
  75.8103.3100.0
  83.983.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime