
Housing costs in Malakoff?
A typical home costs
$258,400, which is 23.6% less expensive than the national average of
$338,100 and 13.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Malakoff costs
$930 per month, which is 27.3% cheaper than the national average of
$1,280 and 2.2% more than the state average of
$910.
Can I afford Malakoff?
To live comfortably in Malakoff (zip 75148), Texas, a minimum annual income of
$49,680 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Malakoff?
The cost of living in 75148 Malakoff, TX is considered to be quite affordable, as the median income is slightly above the national average and the cost of housing is below average. The overall cost of living index in Malakoff is 81.1, which is 19.9% lower than the U.S. average. This means that goods and services are much less expensive here than they are on average across the entire United States. In addition, utilities such as electricity and water are very affordable compared to other areas of Texas, making it a great place for families looking for an affordable lifestyle with all the benefits of small-town living.