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Cost of Living in Foard County

Is it better to rent or buy in Foard County? 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.

$61,563
$572/mo

Median in area: $572

$70,700

Median in area: $70,700

$14,140

If you Rent

🔑
$863 /mo
Base Rent$572
Est. Utilities$291
% of Income16.8%
Pre-tax Residual$4,267

If you Buy

🏠
$898 /mo
P&I (7.578%)$399
Taxes & Ins$208
Est. Utilities$291
% of Income17.5%
Pre-tax Residual$4,233

Compare Nearby Areas

See how Foard County stacks up against neighboring areas.

countyBaylor County, TX
$601/mo
countyWilbarger County, TX
$886/mo
countyCottle County, TX
$264/mo
countyHardeman County, TX
$684/mo
countyKnox County, TX
$513/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Foard County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Foard County. The estimated all-in monthly cost for renting is $863, while owning a median-priced home with a 20% down payment is roughly $898 per month (a difference of $35).

How much do utilities cost in Foard County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Foard County is approximately $291. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Foard County?›

To comfortably afford the median rent and utilities in Foard County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $34,520 per year.