Housing costs in Edinburg?
A typical home costs
$165,800, which is 51.0% less expensive than the national average of
$338,100 and 44.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Edinburg costs
$850 per month, which is 33.6% cheaper than the national average of
$1,280 and 3.5% cheaper than the state average of
$880.
Can I afford Edinburg?
To live comfortably in Edinburg (zip 78542), Texas, a minimum annual income of
$31,680 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Edinburg?
The cost of living in 78542 Edinburg, TX is relatively low compared to other areas of the state. Groceries are particularly affordable, and the median home cost is around $140,000. Renting an apartment in Edinburg can be quite inexpensive as well, with a one-bedroom apartment ranging from about $550 to $800. Property taxes are also relatively low in the area due to it being part of Hidalgo County. The sales tax rate here is 8.25%, which is slightly higher than the national average but still lower than most other parts of Texas. Overall, 78542 Edinburg presents an excellent option for those looking for a low-cost living situation without sacrificing much on access to amenities.