Housing costs in Houston?
A typical home costs
$241,100, which is 28.7% less expensive than the national average of
$338,100 and 19.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,500 per month, which is 17.2% more than the national average of
$1,280 and 13.3% more than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77063), Texas, a minimum annual income of
$46,080 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77063 Houston, TX is slightly higher than the national average. According to the Cost of Living Index, which evaluates the average costs for goods and services in a given area, the cost of living in 77063 comes in at 115 points - a 15 point increase from the U.S. national average of 100. The most expensive categories are housing (128 points) and utilities (125 points). However, transportation costs (97 points) and groceries (101 points) come in slightly below the national average. Overall, while there may be some added expenses associated with living in 77063 Houston, TX, it remains comparable to other areas within the city.