Zip 75780 (New Summerfield, TX) Cost of Living


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How much do I need to live in New Summerfield, Texas?
$1,500 / month
for a family, 72.2% less expensive than the national average A total of $18,000 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

New Summerfield cost of living score
76.9
Less expensive
23.1% lower
than the US average
18.4% lower
than the Texas average
New Summerfield (zip 75780), Texas gets a BestPlaces Cost of Living score of 76.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.1% lower than the U.S. average and 18.4% higher than the average for Texas.

Zip 75780 (New Summerfield, TX)

Housing costs in New Summerfield?
A typical home costs $93,500, which is 72.3% less expensive than the national average of $338,100 and 68.6% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in New Summerfield costs $870 per month, which is 32.0% cheaper than the national average of $1,280 and 2.3% more than the state average of $850.

Can I afford New Summerfield?
To live comfortably in New Summerfield (zip 75780), Texas, a minimum annual income of $18,000 for a family, and $26,400 for a single person is recommended.

What does A.I. say about New Summerfield?
The cost of living in 75780 New Summerfield, TX is very affordable. Housing costs are relatively low compared to other nearby cities and towns. The median home value is around $130,000 and the median rent is approximately $900 per month. Property taxes are also quite reasonable at only 1.8%. Additionally, groceries are reasonably priced and transportation costs are very minimal because the city has easy access to major highways and interstates. Overall, 75780 New Summerfield is a great place to live on a budget
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew SummerfieldTexasUnited States
    Unlock94.2100.0
  87.6  Unlock100.0
    Unlock100.0100.0
  23.8  Unlock100.0
    Unlock$297,600$338,100
  105.5  Unlock100.0
    Unlock103.3100.0
  77.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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