Housing costs in Terrell?
A typical home costs
$327,100, which is 3.3% less expensive than the national average of
$338,100 and 9.9% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Terrell costs
$1,240 per month, which is 3.1% cheaper than the national average of
$1,280 and 23.4% cheaper than the state average of
$1,530.
Can I afford Terrell?
To live comfortably in Terrell (zip 75161), Texas, a minimum annual income of
$62,640 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Terrell?
The cost of living in 75161 Terrell, TX is slightly higher than the national average. According to Best Places, the cost of living index in 75161 is 99.3, which is 1.3 points higher than the U.S. average of 98.0. Housing costs are especially high, with median home prices at $169,500 and median rent prices at $1,050 a month. Other basic necessities such as groceries and utilities are also slightly more expensive than the national average. Despite this, 75161's population growth has remained steady over the last few years due to its close proximity to Dallas-Fort Worth metro area and easy access to jobs and amenities in urban areas like Dallas or beyond.