Housing costs in Richardson?
A typical home costs
$375,000, which is 10.9% more expensive than the national average of
$338,100 and 26.0% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Richardson costs
$1,850 per month, which is 44.5% more than the national average of
$1,280 and 17.3% more than the state average of
$1,530.
Can I afford Richardson?
To live comfortably in Richardson (zip 75081), Texas, a minimum annual income of
$72,000 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about Richardson?
The cost of living in Richardson, TX (zip code 75081) is higher than the national average. The median household income is $77,842 and the median home value is $249,000. Despite the higher costs associated with living in this area, it has many amenities such as parks, golf courses, restaurants, and shopping centers. Because of this, people are willing to pay more for the convenience and quality of life offered in this neighborhood. Additionally, public transportation options including bus and train lines make it easy to get around town without needing to own a car. All these factors contribute to the overall cost of living in Richardson, TX (75081).