Zip 78728 (Wells Branch, TX) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Wells Branch, Texas?
$7,380 / month
for a family, 36.7% more expensive than the national average A total of $88,560 for the year for a family.
$4,400 / month
for a single person, 7.7% less expensive than the national average A total of $52,800 for the year for a single person.

Wells Branch cost of living score
129.1
More expensive
29.1% higher
than the US average
37.0% higher
than the Texas average
Wells Branch (zip 78728), Texas gets a BestPlaces Cost of Living score of 129.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% higher than the U.S. average and 37.0% higher than the average for Texas.

Zip 78728 (Wells Branch, TX)

Housing costs in Wells Branch?
A typical home costs $461,300, which is 36.4% more expensive than the national average of $338,100 and 55.0% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Wells Branch costs $1,550 per month, which is 21.1% more than the national average of $1,280 and 5.2% cheaper than the state average of $1,630.

Can I afford Wells Branch?
To live comfortably in Wells Branch (zip 78728), Texas, a minimum annual income of $88,560 for a family, and $52,800 for a single person is recommended.

What does A.I. say about Wells Branch?
The cost of living in 78728 Wells Branch, TX is quite affordable compared to other parts of the country. The median home value for this area is around $246,400, which is much lower than the national median of $231,200. Additionally, the average cost of groceries and healthcare are 4% and 6% lower than the national averages respectively. This means that you can get more for your money when it comes to basic living expenses. Furthermore, property taxes are also relatively low with an effective tax rate of 2%, making it a great place to live for those looking to save on costs.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWells BranchTexasUnited States
    Unlock94.2100.0
  94.8  Unlock100.0
    Unlock100.0100.0
  156.7  Unlock100.0
    Unlock$297,600$338,100
  100.3  Unlock100.0
    Unlock103.3100.0
  107.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.