Housing costs in Palacios?
A typical home costs
$163,100, which is 51.8% less expensive than the national average of
$338,100 and 45.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Palacios costs
$980 per month, which is 23.4% cheaper than the national average of
$1,280 and 3.1% cheaper than the state average of
$1,010.
Can I afford Palacios?
To live comfortably in Palacios (zip 77465), Texas, a minimum annual income of
$31,320 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Palacios?
The cost of living in 77465 Palacios, TX is relatively low compared to other parts of the United States. The median home value in Palacios is $72,500, and the median household income is $36,359. This indicates that those living in Palacios are able to purchase homes for much lower costs than other parts of the country. Renters can also take advantage of the low cost of living as the median gross rent in Palacios is only $766. This allows individuals to live comfortably while spending significantly less money on rent than other areas of the U.S. Additionally, groceries and utilities are also affordable with overall goods tax being 8%. Ultimately, 77465 Palacios, TX is an excellent place to live with a low cost of living that appeals to both buyers and renters alike.