Housing costs in Wells?
A typical home costs
$113,000, which is 66.6% less expensive than the national average of
$338,100 and 62.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Wells costs
$840 per month, which is 34.4% cheaper than the national average of
$1,280 and close to the state average of
$850.
Can I afford Wells?
To live comfortably in Wells (zip 75976), Texas, a minimum annual income of
$21,600 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Wells?
Living in 75976 Wells, TX is relatively affordable. The cost of living index for the city is sitting at about 79, which is significantly lower than the national average of 100. Utilities such as electricity and water are below the national average, while housing costs are one of the lowest in the state. Renting an apartment in Wells is about 15% cheaper than anywhere else in Texas, with the median price being around $600 per month. The local grocery stores offer a wide variety of goods at reasonable prices and there are several restaurants offering delicious local cuisine that won't break your budget. Overall, living in Wells is quite affordable and perfect for those looking to find a place where they can stretch their dollar further.