Housing costs in Detroit?
A typical home costs
$166,900, which is 50.6% less expensive than the national average of
$338,100 and 43.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Detroit costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$1,280.
Can I afford Detroit?
To live comfortably in Detroit (zip 75436), Texas, a minimum annual income of
$32,040 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Detroit?
The cost of living in Detroit, TX (75436) is quite reasonable. According to a cost of living index, the city's overall cost of living is about 18% lower than the U.S. average. Housing costs are quite affordable compared to most other cities, with median home prices being 22% below the national average. The city also has relatively low utility and transportation costs when compared to other regions in the country. Additionally, residents in Detroit have access to a variety of stores and restaurants that offer goods and services at competitive prices. All combined, these factors make Detroit an attractive option for those looking for an affordable place to live while still enjoying all the perks of city life.