Housing costs in Lorenzo?
A typical home costs
$89,800, which is 73.4% less expensive than the national average of
$338,100 and 69.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lorenzo costs
$850 per month, which is 33.6% cheaper than the national average of
$1,280 and 18.8% cheaper than the state average of
$1,010.
Can I afford Lorenzo?
To live comfortably in Lorenzo (zip 79343), Texas, a minimum annual income of
$17,280 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Lorenzo?
The cost of living in 79343 Lorenzo, TX is fairly reasonable. The median home price is around $85,000 which is very affordable for the area. The overall cost of living index is approximately 84 out of 100 which is lower than the national average. Groceries, healthcare, and transportation expenses are all much lower than the national averages. Renters will find that studio apartments in the area rent for around $500 per month and one-bedroom units rent for around $600 per month. Overall, 79343 Lorenzo, TX offers a great value for residents looking to get more bang for their buck in terms of housing costs and general cost of living.