Zip 78545 (New Falcon, TX) Cost of Living


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How much do I need to live in New Falcon, Texas?
$1,560 / month
for a family, 71.1% less expensive than the national average A total of $18,720 for the year for a family.
$1,867 / month
for a single person, 60.8% less expensive than the national average A total of $22,400 for the year for a single person.

New Falcon cost of living score
67.5
Less expensive
32.5% lower
than the US average
28.3% lower
than the Texas average
New Falcon (zip 78545), Texas gets a BestPlaces Cost of Living score of 67.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 32.5% lower than the U.S. average and 28.3% higher than the average for Texas.

Zip 78545 (New Falcon, TX)

Housing costs in New Falcon?
A typical home costs $97,700, which is 71.1% less expensive than the national average of $338,100 and 67.2% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in New Falcon costs $740 per month, which is 42.2% cheaper than the national average of $1,280 and 12.2% cheaper than the state average of $830.

Can I afford New Falcon?
To live comfortably in New Falcon (zip 78545), Texas, a minimum annual income of $18,720 for a family, and $22,400 for a single person is recommended.

What does A.I. say about New Falcon?
The cost of living in 78545 New Falcon, TX is relatively low and affordable. The median home value for the area is $95,800, which is well below the national average of $184,700. In addition, the average price for a gallon of gas in 78545 is $2.38 which is lower than the US average of $2.58. The cost of groceries and other goods are also relatively inexpensive due to the rural nature of the area. Renters will be able to find affordable housing options as well with an average rent cost of just $645 per month. Overall, living in 78545 New Falcon, TX provides residents with an excellent quality of life at an affordable price point.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew FalconTexasUnited States
    Unlock94.2100.0
  87.1  Unlock100.0
    Unlock100.0100.0
  18.9  Unlock100.0
    Unlock$297,600$338,100
  97.5  Unlock100.0
    Unlock103.3100.0
  75.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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