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Cost of Living in ZIP 76360

Is it better to rent or buy in ZIP 76360? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$72,635
$849/mo

Median in area: $849

$106,540

Median in area: $106,540

$21,308

If you Rent

$1,074 /mo
Base Rent$849
Est. Utilities$225
% of Income17.7%
Pre-tax Residual$4,979

If you Buy

$1,058 /mo
P&I (7.549%)$599
Taxes & Ins$234
Est. Utilities$225
% of Income17.5%
Pre-tax Residual$4,995

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 76360?

Based on median housing data, buying is currently more affordable on a monthly basis in ZIP 76360. The estimated all-in monthly cost for renting is $1,074, while owning a median-priced home with a 20% down payment is roughly $1,058 per month (a difference of $16).

How much do utilities cost in ZIP 76360?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 76360 is approximately $225. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 76360?

To comfortably afford the median rent and utilities in ZIP 76360 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $42,960 per year.