Zip 79741 (Goldsmith, TX) Cost of Living


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How much do I need to live in Goldsmith, Texas?
$1,800 / month
for a family, 66.7% less expensive than the national average A total of $21,600 for the year for a family.
$3,233 / month
for a single person, 32.2% less expensive than the national average A total of $38,800 for the year for a single person.

Goldsmith cost of living score
84.5
Less expensive
15.5% lower
than the US average
10.3% lower
than the Texas average
Goldsmith (zip 79741), Texas gets a BestPlaces Cost of Living score of 84.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.5% lower than the U.S. average and 10.3% higher than the average for Texas.

Zip 79741 (Goldsmith, TX)

Housing costs in Goldsmith?
A typical home costs $112,900, which is 66.6% less expensive than the national average of $338,100 and 62.1% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Goldsmith costs $1,270 per month, which is 0.8% cheaper than the national average of $1,280 and 4.7% more than the state average of $1,210.

Can I afford Goldsmith?
To live comfortably in Goldsmith (zip 79741), Texas, a minimum annual income of $21,600 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Goldsmith?
The cost of living in 79741 Goldsmith, TX is generally quite affordable. The median home value in the area is $73,000, which is far lower than the national average of $227,025. The median household income in Goldsmith is around $51,000 per year. Grocers and restaurants are reasonably priced, making food costs relatively low for the area. Transportation costs are also quite manageable due to the availability of public transportation options such as buses and trains. Additionally, taxes are low compared to other areas with similar population sizes and amenities. As a result, people living in Goldsmith can enjoy a comfortable lifestyle while also saving money on their monthly expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGoldsmithTexasUnited States
    Unlock94.2100.0
  89.6  Unlock100.0
    Unlock100.0100.0
  30.9  Unlock100.0
    Unlock$297,600$338,100
  97.7  Unlock100.0
    Unlock103.3100.0
  83.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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