
Housing costs in Merkel?
A typical home costs
$148,700, which is 56.0% less expensive than the national average of
$338,100 and 50.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Merkel costs
$1,020 per month, which is 20.3% cheaper than the national average of
$1,280 and close to the state average of
$1,010.
Can I afford Merkel?
To live comfortably in Merkel (zip 79536), Texas, a minimum annual income of
$28,440 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Merkel?
The cost of living in 79536 Merkel, TX is relatively affordable. It is estimated to be 8% lower than the national average, making it an attractive option for families and individuals looking to live in a more rural area. Housing costs are especially low with an estimated median home value of $71,800, which is nearly half of the national median home value. Other necessities such as health care, groceries, and utilities are also generally cheaper compared to other parts of the US. Although 79536 Merkel may not offer the bustling nightlife or entertainment options of larger cities, it does provide a more relaxed lifestyle for those who are looking for a slower pace and an easier way of life.