Zip 78343 (Bishop, TX) Cost of Living


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How much do I need to live in Bishop, Texas?
$1,920 / month
for a family, 64.4% less expensive than the national average A total of $23,040 for the year for a family.
$2,867 / month
for a single person, 39.9% less expensive than the national average A total of $34,400 for the year for a single person.

Bishop cost of living score
83.5
Less expensive
16.5% lower
than the US average
11.4% lower
than the Texas average
Bishop (zip 78343), Texas gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 11.4% higher than the average for Texas.

Zip 78343 (Bishop, TX)

Housing costs in Bishop?
A typical home costs $120,600, which is 64.3% less expensive than the national average of $338,100 and 59.5% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Bishop costs $1,050 per month, which is 18.0% cheaper than the national average of $1,280 and 20.0% cheaper than the state average of $1,260.

Can I afford Bishop?
To live comfortably in Bishop (zip 78343), Texas, a minimum annual income of $23,040 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Bishop?
The cost of living in 78343 Bishop, TX is relatively affordable. The median home value is around $110,000 and the median rent is around $700. Compared to the national average, housing costs are quite low in Bishop. Additionally, the overall cost of living index for this city is approximately 87 which is 13 points lower than the national average. Groceries, utilities, and transportation are also significantly cheaper in Bishop than they are nationally. This makes it an attractive option for those looking for a safe and affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBishopTexasUnited States
    Unlock94.2100.0
  90.7  Unlock100.0
    Unlock100.0100.0
  39.1  Unlock100.0
    Unlock$297,600$338,100
  105.1  Unlock100.0
    Unlock103.3100.0
  94.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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