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Cost of Living in ZIP 77024

Is it better to rent or buy in ZIP 77024? 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.

$158,459
$1,698/mo

Median in area: $1,698

$1,244,530

Median in area: $1,244,530

$248,906

If you Rent

🔑
$1,794 /mo
Base Rent$1,698
Est. Utilities$96
% of Income13.6%
Pre-tax Residual$11,411

If you Buy

🏠
$7,955 /mo
P&I (6.842%)$6,519
Taxes & Ins$1,340
Est. Utilities$96
% of Income60.2%
Pre-tax Residual$5,250

Compare Nearby Areas

See how ZIP 77024 stacks up against neighboring areas.

ZIP77005
$2,703/mo
ZIP77019
$1,893/mo
ZIP77027
$1,978/mo
ZIP77224
$2,096/mo
ZIP77279
$2,096/mo
ZIP77254
$2,058/mo
ZIP77098
$1,895/mo
ZIP77292
$1,248/mo
ZIP77025
$1,556/mo

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 77024?›

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 77024. The estimated all-in monthly cost for renting is $1,794, while owning a median-priced home with a 20% down payment is roughly $7,955 per month (a difference of $6,161).

How much do utilities cost in ZIP 77024?›

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 77024 is approximately $96. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 77024?›

To comfortably afford the median rent and utilities in ZIP 77024 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $71,760 per year.