Housing costs in Ravenna?
A typical home costs
$307,800, which is 9.0% less expensive than the national average of
$338,100 and 3.4% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Ravenna costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 36.2% cheaper than the state average of
$1,280.
Can I afford Ravenna?
To live comfortably in Ravenna (zip 75476), Texas, a minimum annual income of
$59,040 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Ravenna?
Ravenna, TX is a small town located in the northeastern corner of Texas that has an affordable cost of living. The overall cost of living index in 75476 Ravenna is 71.7, which is lower than the national average of 100. This makes it a very attractive place to live for those who are looking for an affordable lifestyle. Grocery prices and health care costs are especially low, making it easy to maintain a budget-friendly lifestyle. Housing prices are also reasonable, with the median home value being around $87,000. Additionally, taxes are generally very low compared to other areas in the state. All in all, Ravenna offers an excellent quality of life at a price that won't break the bank.