Housing costs in Elm Mott?
A typical home costs
$228,600, which is 32.4% less expensive than the national average of
$338,100 and 23.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Elm Mott costs
$940 per month, which is 26.6% cheaper than the national average of
$1,280 and 5.3% cheaper than the state average of
$990.
Can I afford Elm Mott?
To live comfortably in Elm Mott (zip 76640), Texas, a minimum annual income of
$43,920 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Elm Mott?
The cost of living in 76640 Elm Mott, TX is relatively low compared to the rest of the United States. The median home price is $119,000, which is much lower than the national average of $216,200. Additionally, goods and services are generally cheaper than they are in other parts of the country. Groceries, for example, are 4% lower than the national average while utilities and healthcare costs are 11% and 12% lower respectively. This makes it a great option for those looking to save money while still enjoying all that Texas has to offer.