Housing costs in Mercedes?
A typical home costs
$107,300, which is 68.3% less expensive than the national average of
$338,100 and 63.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Mercedes costs
$840 per month, which is 34.4% cheaper than the national average of
$1,280 and 4.8% cheaper than the state average of
$880.
Can I afford Mercedes?
To live comfortably in Mercedes (zip 78570), Texas, a minimum annual income of
$20,520 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Mercedes?
The cost of living in Mercedes, TX (78570) is quite low compared to other parts of the United States. The median home price here is just $103,000, far below the national average. Additionally, utilities are also lower than the national average due to its rural location. Food prices in Mercedes are also quite low, making it a great place for those looking to stretch their budget. Overall, residents of Mercedes enjoy a reasonable cost of living that allows them to save money and make ends meet more easily each month.