Zip 76655 (Lorena, TX) Cost of Living


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How much do I need to live in Lorena, Texas?
$5,670 / month
for a family, 5.0% more expensive than the national average A total of $68,040 for the year for a family.
$3,033 / month
for a single person, 36.4% less expensive than the national average A total of $36,400 for the year for a single person.

Lorena cost of living score
83.4
Less expensive
16.6% lower
than the US average
11.5% lower
than the Texas average
Lorena (zip 76655), Texas gets a BestPlaces Cost of Living score of 83.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.6% lower than the U.S. average and 11.5% higher than the average for Texas.

Zip 76655 (Lorena, TX)

Housing costs in Lorena?
A typical home costs $354,800, which is 4.9% more expensive than the national average of $338,100 and 19.2% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Lorena costs $1,150 per month, which is 10.2% cheaper than the national average of $1,280 and 13.9% more than the state average of $990.

Can I afford Lorena?
To live comfortably in Lorena (zip 76655), Texas, a minimum annual income of $68,040 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Lorena?
The cost of living in 76655 Lorena, TX is quite reasonable. The median home value is around $227,000, which is lower than the national average and the median rent is around $1,145 a month. The cost of groceries and health care are also below the national average. This makes Lorena an attractive place to live for those looking for affordability without sacrificing quality of life. Additionally, there are plenty of outdoor activities available for residents like fishing, camping, biking and more that provide a great way to enjoy the area's beauty without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLorenaTexasUnited States
    Unlock94.2100.0
  96.7  Unlock100.0
    Unlock100.0100.0
  98.2  Unlock100.0
    Unlock$297,600$338,100
  97.2  Unlock100.0
    Unlock103.3100.0
  92.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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