Housing costs in Penitas?
A typical home costs
$120,600, which is 64.3% less expensive than the national average of
$338,100 and 59.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Penitas costs
$840 per month, which is 34.4% cheaper than the national average of
$1,280 and 4.8% cheaper than the state average of
$880.
Can I afford Penitas?
To live comfortably in Penitas (zip 78576), Texas, a minimum annual income of
$23,040 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Penitas?
The cost of living in 78576 Penitas, TX is relatively low compared to other cities. According to the Texas Department of Economic Development, the town has a cost of living index of 77.7, which is lower than both the state and national averages. This means that groceries, housing, utilities and other living expenses are much more affordable for those who live in 78576 Penitas. Additionally, the median household income is just below $44,000 per year which makes it an ideal place for families looking to save money on daily living costs.