Cost of Living in Bynum, TX
Housing
The housing market plays a significant role in determining the cost of living in Bynum, TX.
- Housing Index: 78.0 / 100
- Median Home Price is: $167,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1240 per month
Considering a move to Bynum, TX? With a housing index of 78.0, the housing market is relatively affordable compared to national averages. A median home price of 167000 offers a solid option for homeownership, while the average rent for a 2BR apartment at 1200 and a house at 1240 suggests reasonable rental options as well. Balancing affordability and quality of life, Bynum allows for a stable living environment, ideal for families and individuals looking for new beginnings. Explore your options!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bynum, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Bynum, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bynum is a financially viable option for your relocation.