Housing costs in South Padre Island?
A typical home costs
$423,600, which is 25.3% more expensive than the national average of
$338,100 and 42.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in South Padre Island costs
$1,270 per month, which is 0.8% cheaper than the national average of
$1,280 and 29.9% more than the state average of
$890.
Can I afford South Padre Island?
To live comfortably in South Padre Island (zip 78597), Texas, a minimum annual income of
$81,000 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about South Padre Island?
The cost of living in 78597 South Padre Island, TX is relatively high. The median home value is $356,200 and the median household income is $58,477 per year. Along with these higher than average costs, there are additional expenses such as taxes, insurance, utilities and other necessities of life which all contribute to a higher cost of living. Despite these steep prices, South Padre Island offers a unique quality of life that can't be found anywhere else. With its stunning beaches and crystal clear waters, it's easy to see why so many people choose this location as their home.