Housing costs in Katy?
A typical home costs
$475,600, which is 40.7% more expensive than the national average of
$338,100 and 59.8% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Katy costs
$1,940 per month, which is 51.6% more than the national average of
$1,280 and 33.0% more than the state average of
$1,300.
Can I afford Katy?
To live comfortably in Katy (zip 77494), Texas, a minimum annual income of
$91,080 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Katy?
The cost of living in 77494 Katy, TX is generally considered to be quite high, especially when factoring in the area's median home prices. The median home price for a single-family residence is typically around $250,000 and can range anywhere from $200,000 to upwards of $500,000 depending on size and amenities. Additionally, rent prices in the area are well above the national average with an average monthly rental rate of over $1,700 per month. Groceries and other costs make up a significant portion of the cost of living as well with grocery costs typically being around 10 percent higher than the national average. All in all, those looking to move to this area should be prepared for a moderately high cost of living.