Zip 78662 (Red Rock, 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 Red Rock, Texas?
$7,440 / month
for a family, 37.8% more expensive than the national average A total of $89,280 for the year for a family.
$3,633 / month
for a single person, 23.8% less expensive than the national average A total of $43,600 for the year for a single person.

Red Rock cost of living score
105.7
More expensive
5.7% higher
than the US average
12.2% higher
than the Texas average
Red Rock (zip 78662), Texas gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 12.2% higher than the average for Texas.

Zip 78662 (Red Rock, TX)

Housing costs in Red Rock?
A typical home costs $465,600, which is 37.7% more expensive than the national average of $338,100 and 56.5% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Red Rock costs $1,280 per month, which is 10.5% cheaper than the national average of $1,430 and close to the state average of $1,280.

Can I afford Red Rock?
To live comfortably in Red Rock (zip 78662), Texas, a minimum annual income of $89,280 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Red Rock?
The cost of living in 78662 Red Rock, TX is relatively low compared to other parts of the country. The median home value in Red Rock is approximately $127,000, far below the national average. Additionally, the median household income stands at around $51,000, having increased steadily over the years. This makes it an attractive place for those looking to stretch their dollar further without sacrificing quality of life. Other factors such as taxes and housing costs also remain lower than the national average. All in all, 78662 Red Rock provides a great place to live at a very affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRed RockTexasUnited States
    Unlock94.2100.0
  92.6  Unlock100.0
    Unlock100.0100.0
  118.0  Unlock100.0
    Unlock$297,600$338,100
  102.9  Unlock100.0
    Unlock103.3100.0
  87.0  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.