Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in ZIP 77080

Is it better to rent or buy in ZIP 77080? 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.

$67,013
$1,354/mo

Median in area: $1,354

$345,926

Median in area: $345,926

$69,185

If you Rent

$1,415 /mo
Base Rent$1,354
Est. Utilities$61
% of Income25.3%
Pre-tax Residual$4,169

If you Buy

$2,540 /mo
P&I (6.914%)$1,825
Taxes & Ins$654
Est. Utilities$61
% of Income45.5%
Pre-tax Residual$3,044

Compare Nearby Areas

See how ZIP 77080 stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 77080?

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 77080. The estimated all-in monthly cost for renting is $1,415, while owning a median-priced home with a 20% down payment is roughly $2,540 per month (a difference of $1,125).

How much do utilities cost in ZIP 77080?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 77080 is approximately $61. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 77080?

To comfortably afford the median rent and utilities in ZIP 77080 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $56,600 per year.