Housing costs in Tyler?
A typical home costs
$189,100, which is 44.1% less expensive than the national average of
$338,100 and 36.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Tyler costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 16.4% cheaper than the state average of
$1,280.
Can I afford Tyler?
To live comfortably in Tyler (zip 75705), Texas, a minimum annual income of
$36,360 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Tyler?
The cost of living in Tyler, TX (zip code 75705) is very reasonable. The area has a median housing cost of $140,400 which is well below the national average and makes it an affordable place to live. The overall cost of living index for Tyler, TX is 90.9, which is 10% lower than the national average. Other factors such as food and transportation costs are also quite low in comparison to other cities making it an ideal place for those looking for an affordable place to live. Additionally, Texas does not have a state income tax so residents can save even more money in that regard.