Housing costs in Houston?
A typical home costs
$518,100, which is 53.2% more expensive than the national average of
$338,100 and 74.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Houston costs
$1,230 per month, which is 3.9% cheaper than the national average of
$1,280 and 5.7% cheaper than the state average of
$1,300.
Can I afford Houston?
To live comfortably in Houston (zip 77055), Texas, a minimum annual income of
$99,360 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Houston?
The cost of living in 77055 Houston, TX is quite high compared to the national average. According to BestPlaces, the cost of living index for Houston averages out at about 109.4, which is 9.4 points higher than the US national average. This means that housing prices tend to be higher as well as food and transportation costs. However, the area still offers great value for money with plenty of restaurants, entertainment and cultural activities. Overall, 77055 Houston, TX is an expensive but desirable place to live.