Housing costs in Loop?
A typical home costs
$224,500, which is 33.6% less expensive than the national average of
$338,100 and 24.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Loop costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 56.1% cheaper than the state average of
$1,280.
Can I afford Loop?
To live comfortably in Loop, Texas, a minimum annual income of
$42,840 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Loop?
The cost of living in Loop, TX is quite reasonable. Renting an apartment typically ranges from $500 to $1000 per month and groceries are fairly affordable. Utility costs are also low due to the small size of the town. Most people find that they can budget their money well and live comfortably in Loop. Additionally, Texas has no state income tax, which helps to keep expenses low. All in all, the cost of living in Loop is a great option for those looking for a comfortable place to settle down on a budget!