Housing costs in Lake Cherokee?
A typical home costs
$319,200, which is 5.6% less expensive than the national average of
$338,100 and 7.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lake Cherokee costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 37.6% cheaper than the state average of
$1,280.
Can I afford Lake Cherokee?
To live comfortably in Lake Cherokee, Texas, a minimum annual income of
$61,200 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Lake Cherokee?
Lake Cherokee, TX is a great place to live for those looking for an affordable cost of living. The median home price in the town is approximately $120,000 which is relatively low compared to the national average of $223,000. Utilities are also generally lower than other areas due to Lake Cherokee's location and access to natural resources. Additionally, food costs in the area are below the national average, making it easier for residents to stick to a budget and save money. All in all, Lake Cherokee offers a great value when it comes to cost of living.