Housing costs in Houston?
A typical home costs
$469,000, which is 38.7% more expensive than the national average of
$338,100 and 57.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,940 per month, which is 51.6% more than the national average of
$1,280 and 33.0% more than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77007), Texas, a minimum annual income of
$90,000 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77007 Houston, TX is fairly high compared to other areas of the country. The median home value for the zip code is $509,800, which is more than twice the national median home value of $217,700. The median rent for a one-bedroom apartment in Houston is $1,030 per month. This rate is above the national average and one of the highest in the state. Food costs are also slightly higher than elsewhere in Texas with groceries costing about 3% more than the rest of the state. Despite these costs, 77007 Houston remains an attractive place to live because of its diverse cultural offerings and excellent employment opportunities.