Cost of Living in Humble, TX

Housing

The housing market plays a significant role in determining the cost of living in Humble, TX.

• Housing Index: 110.0 / 100
• Median Home Price is: $253000
• Average Rent (2 BR Apartment): $1570 per month
• Average Rent (2 BR House): $1620 per month

In analyzing the real estate market in Humble, TX, the housing index stands at 110.0, indicating a moderate market compared to national averages. The median home price of 253000 is accessible for many buyers, potentially enhancing community stability. Rental prices are slightly elevated, with average rents for a 2-bedroom apartment and house at 1570 and 1620 respectively, suggesting a competitive rental landscape. Overall, for those considering a move, Humble offers a blend of purchase affordability and a vibrant rental market.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Humble, 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.): $180 per month

Living in Humble, 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 180 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 105.4

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $58581

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Humble, TX, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.