Housing costs in Rio Hondo?
A typical home costs
$158,400, which is 53.1% less expensive than the national average of
$338,100 and 46.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Rio Hondo costs
$840 per month, which is 34.4% cheaper than the national average of
$1,280 and 6.0% cheaper than the state average of
$890.
Can I afford Rio Hondo?
To live comfortably in Rio Hondo (zip 78583), Texas, a minimum annual income of
$30,240 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Rio Hondo?
The cost of living in Rio Hondo, TX 78583 is slightly below the national average. Home prices are relatively low, ranging from around $110,000 to $400,000 depending on size and location. Groceries, transportation costs and utilities are also moderately priced when compared to similar locations. The area benefits from a reasonable tax rate and overall low cost of living which makes it a great option for families or individuals who are looking for an affordable place to live.