Housing costs in Loraine?
A typical home costs
$80,400, which is 76.2% less expensive than the national average of
$338,100 and 73.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Loraine costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 77.8% cheaper than the state average of
$1,280.
Can I afford Loraine?
To live comfortably in Loraine (zip 79532), Texas, a minimum annual income of
$15,480 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Loraine?
The cost of living in 79532 Loraine, TX is relatively affordable compared to other areas in the United States. The overall cost of living index is 78.3, which is lower than the national average index of 100. Housing costs tend to be cheaper than average, with median home values being approximately $42,700 and monthly rent for a two-bedroom apartment averaging around $676 per month. Groceries and utilities are also relatively low when compared to the national averages and most goods can be purchased at a fairly reasonable rate. Overall, 79532 Loraine, TX offers an affordable cost of living for those looking for a place to call home.