Housing costs in Garland?
A typical home costs
$277,100, which is 18.0% less expensive than the national average of
$338,100 and 6.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Garland costs
$1,440 per month, which is 12.5% more than the national average of
$1,280 and 6.3% cheaper than the state average of
$1,530.
Can I afford Garland?
To live comfortably in Garland (zip 75040), Texas, a minimum annual income of
$52,920 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Garland?
The cost of living in 75040 Garland, TX is relatively low. According to BestPlaces, the overall cost of living index is 82.8 which means that it is 17.2% lower than the national average. This includes grocery costs being 8% lower than the national average and housing costs being 32% lower than the national average. The median household income in this area is $47,128 and the median home value is $166,700 with most homes costing around $200,000. The area also has a low unemployment rate, making it a great place to live for those who are looking for an affordable place to call home.