Housing costs in Richardson?
A typical home costs
$516,500, which is 52.8% more expensive than the national average of
$338,100 and 73.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Richardson costs
$2,190 per month, which is 71.1% more than the national average of
$1,280 and 30.1% more than the state average of
$1,530.
Can I afford Richardson?
To live comfortably in Richardson (zip 75082), Texas, a minimum annual income of
$99,000 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Richardson?
Living in 75082 Richardson, TX can be expensive. The median home price is $295,200, which is much higher than the national average of $181,500. The cost of living index for the area is 102.1, meaning that it’s slightly more expensive than the national average of 100. Groceries are 4% higher than the national average and utilities are 5% higher. In addition to housing costs, residents in 75082 Richardson, TX must also pay a state income tax rate of up to 6.25%. Despite these costs, living in this area offers many benefits including access to great schools, parks and recreation options, and close proximity to Dallas.