Zip 79366 (Ransom Canyon, TX) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Ransom Canyon, Texas?
$5,490 / month
for a family, 1.7% more expensive than the national average A total of $65,880 for the year for a family.
$3,333 / month
for a single person, 30.1% less expensive than the national average A total of $40,000 for the year for a single person.

Ransom Canyon cost of living score
81.1
Less expensive
18.9% lower
than the US average
13.9% lower
than the Texas average
Ransom Canyon (zip 79366), Texas gets a BestPlaces Cost of Living score of 81.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% lower than the U.S. average and 13.9% higher than the average for Texas.

Zip 79366 (Ransom Canyon, TX)

Housing costs in Ransom Canyon?
A typical home costs $343,400, which is 1.6% more expensive than the national average of $338,100 and 15.4% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Ransom Canyon costs $1,210 per month, which is 5.5% cheaper than the national average of $1,280 and 16.5% more than the state average of $1,010.

Can I afford Ransom Canyon?
To live comfortably in Ransom Canyon (zip 79366), Texas, a minimum annual income of $65,880 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Ransom Canyon?
The cost of living in 79366 Ransom Canyon, TX is typically lower than many other parts of the country. The median home value in 79366 Ransom Canyon is $92,100, which is much lower than the US median home value of $184,700. Additionally, the median household income in 79366 Ransom Canyon is around $54,000, which is below the national average of $61,937. This can make it more affordable for families to live and raise children in Ransom Canyon. Furthermore, when compared to the national average cost of living index of 100%, 79366 Ransom Canyon's overall cost of living index rating is 83.5%, making it a relatively affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRansom CanyonTexasUnited States
    Unlock94.2100.0
  98.9  Unlock100.0
    Unlock100.0100.0
  104.5  Unlock100.0
    Unlock$297,600$338,100
  93.4  Unlock100.0
    Unlock103.3100.0
  104.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.