Cost of living in Myrtle Springs, Texas

Cost of living
compared to USA

low

Cost of living
compared to Texas

low

Median household
income

low

Is it expensive to live in Myrtle Springs, Texas? When calculating the cost of living in Myrtle Springs, Texas we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Myrtle Springs, Texas is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas, while median household income in Myrtle Springs is $43,846 which is low Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas.

Taxes in Myrtle Springs, Texas

The sales tax rate in Myrtle Springs, Texas is 8.2%. Last year, the average property taxes paid was 1.3% Myrtle Springs, Texas.

The state of Texas is one of the states with no state income taxes.

Housing costs in Myrtle Springs, Texas

The average cost of
a single-family home
compated to USA

high

The average cost of
a single-family home
compated to Texas

high

In Myrtle Springs, Texas, 45.0% of the population owns their homes, while approximately 55.0% rent. The average cost of a single-family home in Myrtle Springs, Texas in 2023 is $292,771 which is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Texas. The average one-bedroom apartment cost is approximately $960 per month.

Rental Size	Monthly Cost	Compared to Texas
1 Bedroom	$960	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$1,130	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,420	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,830	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest