Housing costs in Mereta?
A typical home costs
$223,100, which is 34.0% less expensive than the national average of
$338,100 and 25.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Mereta costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$1,280.
Can I afford Mereta?
To live comfortably in Mereta (zip 76940), Texas, a minimum annual income of
$42,840 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Mereta?
The cost of living in 76940 Mereta, TX is relatively low compared to other parts of Texas. The median home value is $77,400 according to Zillow, far lower than the state average of $204,000. Additionally, the median household income is slightly below the state average at $45,606. This makes it easier for families and individuals to afford necessary amenities and maintain their lifestyles in this small town. Furthermore, grocery prices are generally lower than the rest of Texas, making it more economical for locals to purchase food. All in all, living in Mereta can be quite affordable with its lower cost of living overall.