Housing costs in Beaumont?
A typical home costs
$142,800, which is 57.8% less expensive than the national average of
$338,100 and 52.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Beaumont costs
$1,060 per month, which is 17.2% cheaper than the national average of
$1,280 and 2.8% more than the state average of
$1,030.
Can I afford Beaumont?
To live comfortably in Beaumont (zip 77702), Texas, a minimum annual income of
$27,360 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Beaumont?
The cost of living in 77702 Beaumont, TX is quite reasonable. According to BestPlaces's Cost of Living Index, the city has a cost of living index of about 75.1 (USA average is 100). This means that it is about 24.9% less expensive than the U.S. average. This could be attributed to its relative affordability for housing and groceries, which are key components in determining the overall cost of living in a city. Furthermore, the price for utilities such as electricity and water are also relatively low when compared to other cities in Texas and across America. All these factors make 77702 Beaumont, TX an attractive place to settle down with favorable prices on basic necessities and amenities alike.