Housing costs in Houston?
A typical home costs
$247,900, which is 26.7% less expensive than the national average of
$338,100 and 16.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 5.2% more than the state average of
$1,280.
Can I afford Houston?
To live comfortably in Houston, Texas, a minimum annual income of
$47,520 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Houston?
Houston offers an attractive cost of living compared to many other big cities across America. The median home value is only $185,100 while gasoline prices tend to stay below national averages during most months due to access local refineries and abundant resources within Texas itself. Rent also remains at an affordable level with one-bedroom apartments averaging around $901 per month. In terms of groceries and entertainment, costs are both reasonable although it should be noted that taxes on products can vary greatly depending on what part of Texas you live in - sales tax alone ranges from 8-8.25%. All told though Houston provides a combination of comfortable housing options coupled with low prices on everyday items which makes it a great place for those looking for good value without sacrificing too much convenience or quality-of-life considerations.