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Cost of Living in ZIP 76388

Is it better to rent or buy in ZIP 76388? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

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

$46,429
$1,006/mo

Median in area: $1,006

$86,900

Median in area: $86,900

$17,380

If you Rent

$1,173 /mo
Base Rent$1,006
Est. Utilities$167
% of Income30.3%
Pre-tax Residual$2,696

If you Buy

$798 /mo
P&I (7.06%)$465
Taxes & Ins$166
Est. Utilities$167
% of Income20.6%
Pre-tax Residual$3,071

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 76388?›

Based on median housing data, buying is currently more affordable on a monthly basis in ZIP 76388. The estimated all-in monthly cost for renting is $1,173, while owning a median-priced home with a 20% down payment is roughly $798 per month (a difference of $375).

How much do utilities cost in ZIP 76388?›

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 76388 is approximately $167. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 76388?›

To comfortably afford the median rent and utilities in ZIP 76388 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $46,920 per year.