Housing costs in Houston?
A typical home costs
$234,900, which is 30.5% less expensive than the national average of
$338,100 and 21.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,540 per month, which is 20.3% more than the national average of
$1,280 and 15.6% more than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77047), Texas, a minimum annual income of
$45,000 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77047 Houston, TX is relatively inexpensive compared to other major cities in the US. Housing costs are relatively affordable and even one bedroom apartments can be found for under $900 a month. Utilities are also comparatively low, with the average electricity bill costing around $90 per month. Transportation costs are also relatively low with public transit being very reliable and affordable. Groceries and goods are also quite cheap, making it a great city to live in if you're trying to save money.