Housing costs in Houston?
A typical home costs
$185,500, which is 45.1% less expensive than the national average of
$338,100 and 37.7% 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 77053), Texas, a minimum annual income of
$35,640 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77053 Houston, TX is relatively high compared to the rest of the United States. The average rent for one bedroom apartment is around $900 per month and a two bedroom apartment is around $1200 per month. Utilities can be expensive with electricity, heating and cooling costs adding up quickly. Groceries are also quite expensive, as well as eating out at restaurants. However, local shopping centers offer plenty of discounts on goods and services that can help reduce costs in certain areas. Additionally, income tax rate is relatively low in Houston at 6.25%. All in all, living in 77053 Houston, TX can be pricey but it offers a variety of amenities such as good schools, hospitals and employment opportunities that make it worthwhile.