Housing costs in Magnolia?
A typical home costs
$421,100, which is 24.5% more expensive than the national average of
$338,100 and 41.5% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Magnolia costs
$1,440 per month, which is 12.5% more than the national average of
$1,280 and 9.7% more than the state average of
$1,300.
Can I afford Magnolia?
To live comfortably in Magnolia (zip 77354), Texas, a minimum annual income of
$80,640 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Magnolia?
The cost of living in Magnolia, TX (77354) is generally quite affordable. Housing costs are very reasonable compared to other parts of the country, with median home values sitting at around $164,400 and rentals averaging around $1,338 per month. Groceries and health care expenses are also relatively low when compared to the national average. Overall, the cost of living in Magnolia is considered well below the US average and can be an attractive alternative for those looking for a more affordable place to live.