Housing costs in Magnolia Beach?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Magnolia Beach costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 43.8% cheaper than the state average of
$1,280.
Can I afford Magnolia Beach?
To live comfortably in Magnolia Beach, Texas, a minimum annual income of
$55,080 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Magnolia Beach?
The cost of living in Magnolia Beach, TX is above the US average. According to the latest figures, the median house value in Magnolia Beach is significantly higher than the US average of $338,100. This suggests that the cost of living inMagnolia Beach is higher than the US average. The high house values combined with other factors such as taxes, utilities and healthcare costs contribute to a more expensive cost of living compared to other places in the country. Therefore, it can be concluded that Magnolia Beach offers a premium lifestyle but at a relatively higher price tag.