Housing costs in Lovelady?
A typical home costs
$199,400, which is 41.0% less expensive than the national average of
$338,100 and 33.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lovelady costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 16.4% cheaper than the state average of
$1,280.
Can I afford Lovelady?
To live comfortably in Lovelady (zip 75851), Texas, a minimum annual income of
$38,160 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Lovelady?
The cost of living in 75851 Lovelady, TX is relatively affordable compared to other parts of the country. The median home value in Lovelady is about $77,000, which is much lower than the national average. Additionally, the cost of goods and services are slightly lower than that of the United States as a whole. The overall cost of living index for Lovelady is 83.9, which makes it cheaper than most places. As a result, residents can enjoy a high quality of life without spending too much money on basic necessities like housing and food.