Housing costs in Houston?
A typical home costs
$262,200, which is 22.4% less expensive than the national average of
$338,100 and 11.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,280 per month, which is 0.0% cheaper than the national average of
$1,280 and close to the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77040), Texas, a minimum annual income of
$50,400 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Houston?
Houston, TX is known for being an affordable city to live in. The cost of living in Houston's 77040 zip code is significantly lower than the national average. According to data from Sperling's Best Places, the median home price in this area is around $205,000 which is well below the national median home price of $231,200. In addition, groceries and health care are both cheaper than average here. Furthermore, basic utilities such as electricity and water are also more economical than in many other cities across the country. All this makes Houston a great choice for people looking for an affordable place to call home.