Housing costs in Mabank?
A typical home costs
$322,400, which is 4.6% less expensive than the national average of
$338,100 and 8.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Mabank costs
$1,300 per month, which is 1.6% more than the national average of
$1,280 and 30.0% more than the state average of
$910.
Can I afford Mabank?
To live comfortably in Mabank (zip 75156), Texas, a minimum annual income of
$61,920 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Mabank?
The cost of living in Mabank, TX 75156 is generally lower than the national average. The median home value in Mabank is $133,700 and housing costs are quite affordable given the region's median income of approximately $55,521. Utilities are also less expensive than many other parts of the country due to the mild temperatures, with an average monthly bill for all utilities coming in at around $138. Groceries are also fairly reasonable, with a basic grocery bill for a family of four costing about $372 per month. Overall, living in Mabank is more affordable than some other parts of the country and can be a great place to live for those looking to save money on their monthly bills.