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Cost of Living in ZIP 77420

Is it better to rent or buy in ZIP 77420? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

← Back to ZIP 77420 Hub

Rent vs. Buy Affordability Calculator

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

$63,656
$894/mo

Median in area: $894

$176,047

Median in area: $176,047

$35,209

If you Rent

$994 /mo
Base Rent$894
Est. Utilities$100
% of Income18.7%
Pre-tax Residual$4,311

If you Buy

$1,513 /mo
P&I (6.96%)$933
Taxes & Ins$480
Est. Utilities$100
% of Income28.5%
Pre-tax Residual$3,791

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 77420?›

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 77420. The estimated all-in monthly cost for renting is $994, while owning a median-priced home with a 20% down payment is roughly $1,513 per month (a difference of $519).

How much do utilities cost in ZIP 77420?›

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 77420 is approximately $100. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 77420?›

To comfortably afford the median rent and utilities in ZIP 77420 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $39,760 per year.