Housing costs in Kermit?
A typical home costs
$110,000, which is 67.5% less expensive than the national average of
$338,100 and 63.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Kermit costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 43.8% cheaper than the state average of
$1,280.
Can I afford Kermit?
To live comfortably in Kermit (zip 79745), Texas, a minimum annual income of
$21,240 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Kermit?
The cost of living in 79745 Kermit, TX is relatively affordable. According to BestPlaces, the overall cost of living index is about 13 points lower than the national average, indicating that goods and services cost less in this area than most other places in the US. Housing costs are also significantly lower than the national median, with a median home value of about $55,800. Additionally, many basic necessities such as food, clothing, and gas are inexpensive compared to other areas. With so many affordable options in the area, it's no surprise that 79745 Kermit is an attractive place to call home.