Housing costs in Houston?
A typical home costs
$177,500, which is 47.5% less expensive than the national average of
$338,100 and 40.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$990 per month, which is 22.7% cheaper than the national average of
$1,280 and 31.3% cheaper than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77050), Texas, a minimum annual income of
$33,840 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77050 Houston, TX is relatively high compared to other parts of the country. According to BestPlaces, an online database for global cost of living, the average cost of renting a one-bedroom apartment in 77050 is $1,211 per month. Utilities like electricity and gas are also pricey, costing around $162 per month for basic services. Groceries and meals at restaurants are also costly, with the average price for a combo meal at McDonald's costing around $7. Transportation costs are also high; public transportation in Houston is not as extensive or reliable as some other cities so many people rely on owning a car which increases their overall costs. All these factors contribute to making 77050 Houston, TX an expensive place to live.