Housing costs in Balmorhea?
A typical home costs
$151,900, which is 55.1% less expensive than the national average of
$338,100 and 49.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Balmorhea costs
$920 per month, which is 28.1% cheaper than the national average of
$1,280 and close to the state average of
$910.
Can I afford Balmorhea?
To live comfortably in Balmorhea (zip 79718), Texas, a minimum annual income of
$29,160 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Balmorhea?
The cost of living in 79718 Balmorhea, TX is quite affordable. The area's median household income is $25,417, which is below the national average. The median home value is also lower than the U.S. average at $49,257. Rental rates in the area are around $500 per month for a one-bedroom apartment and utility costs are low compared to other parts of the country. Balmorhea is a great place to live on a budget with many amenities available without having to break the bank.