Housing costs in Houston?
A typical home costs
$285,200, which is 15.6% less expensive than the national average of
$338,100 and 4.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,450 per month, which is 13.3% more than the national average of
$1,280 and 10.3% more than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77042), Texas, a minimum annual income of
$54,720 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77042 Houston, TX is relatively affordable compared to other major metropolitan cities. According to BestPlaces's Cost of Living Index, the city ranks around 40 out of 100 for affordability, where 100 is most expensive. Specific prices vary depending on the neighborhood, but on average rent for a one-bedroom apartment in city center costs about $800 per month. Groceries are quite reasonable and monthly utilities such as electricity, gas, and water usually run an average of $150 or less. Transportation costs are also fairly low, with a one-way ticket costing only $1.25 and monthly passes averaging around $45. All in all, living in 77042 Houston is quite economical for singles and families alike.