Housing costs in Chico?
A typical home costs
$300,800, which is 11.0% less expensive than the national average of
$338,100 and 1.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Chico costs
$1,010 per month, which is 21.1% cheaper than the national average of
$1,280 and 51.5% cheaper than the state average of
$1,530.
Can I afford Chico?
To live comfortably in Chico (zip 76431), Texas, a minimum annual income of
$57,600 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Chico?
The cost of living in 76431 Chico, TX is relatively low compared to other nearby cities. According to BestPlaces, the overall cost of living index for this area is 81, which is 19 points lower than the national average. Housing costs in particular are very affordable here; the median home price in 76431 is $117,700 with an average rent rate of $821 per month. Transportation expenses are also quite reasonable; the average gas price in Chico is 5% lower than the national average and residents have access to a public transit system. All in all, living in 76431 Chico, TX is a great option for those looking for an affordable place to call home.