Housing costs in Hereford?
A typical home costs
$136,400, which is 59.7% less expensive than the national average of
$338,100 and 54.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Hereford costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 34.7% cheaper than the state average of
$1,280.
Can I afford Hereford?
To live comfortably in Hereford Te Metro Area, Texas, a minimum annual income of
$26,280 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Hereford?
The cost of living in Hereford, TX Metro Area is much lower than the average cost of living in the US. At 68.7 on the Cost of Living Index, it is more than 30% lower than the national average of 100. This could be attractive to people who are looking for an affordable place to live and work since they may be able to save money on everyday expenses compared to other locations. The median house value in Hereford is also significantly lower than the national average at $136,400 as opposed to $338,100.