Housing costs in Fredericksburg?
A typical home costs
$543,700, which is 60.8% more expensive than the national average of
$338,100 and 82.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Fredericksburg costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$1,280.
Can I afford Fredericksburg?
To live comfortably in Fredericksburg Te Metro Area, Texas, a minimum annual income of
$104,040 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Fredericksburg?
The cost of living in the Fredericksburg, TX Metro Area is relatively high compared to the US average. The Cost of Living Index for Fredericksburg is 104.2, while the national average is 100. This means that living expenses in Fredericksburg are 4.2% higher than the US average, which could make it difficult for some people to afford certain items that might be more affordable elsewhere. Moreover, the median value of a house in the area is $543,700 - significantly higher than the national average of $338,100 - making it even more expensive to own property in this area.