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Cost of Living in Ragsdale

Is it better to rent or buy in Ragsdale? 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.

$72,198
$749/mo

Median in area: $749

$119,675

Median in area: $119,675

$23,935

If you Rent

$971 /mo
Base Rent$749
Est. Utilities$222
% of Income16.1%
Pre-tax Residual$5,046

If you Buy

$973 /mo
P&I (7.081%)$642
Taxes & Ins$109
Est. Utilities$222
% of Income16.2%
Pre-tax Residual$5,043

Cost of Living FAQs

Is it cheaper to rent or buy in Ragsdale?

Based on median housing data, renting is currently more affordable on a monthly basis in Ragsdale. The estimated all-in monthly cost for renting is $971, while owning a median-priced home with a 20% down payment is roughly $973 per month (a difference of $2).

How much do utilities cost in Ragsdale?

The average monthly utility cost (electricity and natural gas) for a typical home in Ragsdale is approximately $222. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Ragsdale?

To comfortably afford the median rent and utilities in Ragsdale without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $38,840 per year.