Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in ZIP 76801

Is it better to rent or buy in ZIP 76801? 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.

$51,909
$899/mo

Median in area: $899

$126,531

Median in area: $126,531

$25,306

If you Rent

$1,007 /mo
Base Rent$899
Est. Utilities$108
% of Income23.3%
Pre-tax Residual$3,319

If you Buy

$1,022 /mo
P&I (6.971%)$671
Taxes & Ins$243
Est. Utilities$108
% of Income23.6%
Pre-tax Residual$3,303

Compare Nearby Areas

See how ZIP 76801 stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 76801?

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 76801. The estimated all-in monthly cost for renting is $1,007, while owning a median-priced home with a 20% down payment is roughly $1,022 per month (a difference of $15).

How much do utilities cost in ZIP 76801?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 76801 is approximately $108. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 76801?

To comfortably afford the median rent and utilities in ZIP 76801 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $40,280 per year.