Housing costs in Richmond?
A typical home costs
$323,100, which is 4.4% less expensive than the national average of
$338,100 and 8.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Richmond costs
$1,340 per month, which is 4.7% more than the national average of
$1,280 and 3.0% more than the state average of
$1,300.
Can I afford Richmond?
To live comfortably in Richmond (zip 77469), Texas, a minimum annual income of
$61,920 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Richmond?
Living in 77469 Richmond, TX can be affordable. The median home cost in the area is $175,500, which is significantly lower than the national average of $200,000. Additionally, the cost of living in the area is slightly below both the Texas and national averages. When it comes to utilities, residents typically pay about 8% less than the state average and around 10% less than the national average. Groceries also tend to be more affordable here compared to other areas due to a variety of discount stores and markets. With a low cost of living and median home prices, 77469 Richmond, TX can be an ideal place to call home for those looking for an affordable place to live.