Housing costs in Houston?
A typical home costs
$163,400, which is 51.7% less expensive than the national average of
$338,100 and 45.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,060 per month, which is 17.2% cheaper than the national average of
$1,280 and 22.6% cheaper than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77051), Texas, a minimum annual income of
$31,320 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77051 Houston, TX is relatively low. The cost of housing is especially affordable compared to other cities in the region. Home values tend to be lower than the national average and rental prices are competitive. Groceries, transportation, and healthcare costs are all quite reasonable, although utility bills could be higher than in other parts of the country. Overall, Houston-area residents benefit from an inexpensive cost of living that makes it easy to stretch their budgets further.