Housing costs in Silverton?
A typical home costs
$92,300, which is 72.7% less expensive than the national average of
$338,100 and 69.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Silverton costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 70.7% cheaper than the state average of
$1,280.
Can I afford Silverton?
To live comfortably in Silverton, Texas, a minimum annual income of
$17,640 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Silverton?
The cost of living in Silverton, TX is quite affordable. The median home value is $76,100 and the median rent is $741 per month. This makes housing more affordable than other similarly-sized cities in Texas. The overall cost of living index is 86, which is 14% lower than the U.S. average. Additionally, healthcare costs are 6% lower than the national average, which helps to make life in Silverton even more economical. With its low taxes and cost of living, Silverton has become an increasingly popular city for those looking to settle down and build a community outside of larger metropolitan areas.