Housing costs in Bandera?
A typical home costs
$338,000, which is 0.0% less expensive than the national average of
$338,100 and 13.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Bandera costs
$1,140 per month, which is 10.9% cheaper than the national average of
$1,280 and 12.3% cheaper than the state average of
$1,280.
Can I afford Bandera?
To live comfortably in Bandera (zip 78003), Texas, a minimum annual income of
$64,800 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Bandera?
The cost of living in 78003 Bandera, TX is relatively low compared to other areas in the state. The median home value in the area is $135,000, which is considerably lower than the Texas median of $203,400. Additionally, taxes are low; homeowners pay only a rate of 2.09%, while renters pay 1.58%. Not only are housing costs affordable, but groceries and utilities are also quite inexpensive. The overall cost of living index for 78003 Bandera is 85.4, which is 15 points lower than the national average of 100. This makes 78003 Bandera an attractive option for those looking for an affordable place to live in Texas.