Housing costs in Powell?
A typical home costs
$212,400, which is 37.2% less expensive than the national average of
$338,100 and 28.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Powell 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 Powell?
To live comfortably in Powell, Texas, a minimum annual income of
$40,680 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Powell?
The cost of living in Powell, TX is generally quite reasonable. The overall cost of living index for the town is around 85, which is 15 points lower than the national average, making it quite affordable to live in. The median home value is $170,500 and the median household income is over $46,000 per year. The average rent for a one-bedroom apartment is approximately $750/month. Groceries, healthcare and transportation are also quite affordable when compared to other cities around the country. Overall, Powell provides a great quality of life without breaking your budget.