Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in ZIP 79404

Is it better to rent or buy in ZIP 79404? 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.

$53,337
$1,154/mo

Median in area: $1,154

$92,499

Median in area: $92,499

$18,500

If you Rent

$1,360 /mo
Base Rent$1,154
Est. Utilities$206
% of Income30.6%
Pre-tax Residual$3,085

If you Buy

$919 /mo
P&I (7.011%)$493
Taxes & Ins$220
Est. Utilities$206
% of Income20.7%
Pre-tax Residual$3,526

Compare Nearby Areas

See how ZIP 79404 stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 79404?

Based on median housing data, buying is currently more affordable on a monthly basis in ZIP 79404. The estimated all-in monthly cost for renting is $1,360, while owning a median-priced home with a 20% down payment is roughly $919 per month (a difference of $441).

How much do utilities cost in ZIP 79404?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 79404 is approximately $206. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 79404?

To comfortably afford the median rent and utilities in ZIP 79404 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $54,400 per year.