Housing costs in Dripping Springs?
A typical home costs
$725,400, which is 114.6% more expensive than the national average of
$338,100 and 143.8% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dripping Springs costs
$1,560 per month, which is 21.9% more than the national average of
$1,280 and 4.5% cheaper than the state average of
$1,630.
Can I afford Dripping Springs?
To live comfortably in Dripping Springs (zip 78620), Texas, a minimum annual income of
$138,960 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Dripping Springs?
The cost of living in 78620 Dripping Springs, TX is generally considered to be higher than the national average. The median home value in the area is around $370,000, and the average rent for a one-bedroom apartment is over $1,100. Gas prices tend to be slightly higher than the national average as well. Groceries and other household necessities also typically cost more than most other cities across Texas. Despite this, many residents are willing to pay more for the convenience and beauty that comes with living in such a desirable location.