Housing costs in Penelope?
A typical home costs
$151,500, which is 55.2% less expensive than the national average of
$338,100 and 49.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Penelope costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 45.5% cheaper than the state average of
$1,280.
Can I afford Penelope?
To live comfortably in Penelope (zip 76676), Texas, a minimum annual income of
$29,160 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Penelope?
The cost of living in 76676 Penelope, TX is relatively low compared to other areas in the state. The median home list price is around $55,000, which is significantly lower than the national average of $224,000. Groceries and healthcare costs are also below the national average, making it a great place for those on a budget to live comfortably. Additionally, there are many local businesses that offer goods and services at reasonable prices without sacrificing quality. Furthermore, the overall tax rate in Penelope is quite favorable which can help keep costs even lower. All these factors combine to make 76676 Penelope a great place to live with an attractive cost of living.