Cost of Living in Bandera, TX
Housing
The housing market plays a significant role in determining the cost of living in Bandera, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $320,000
- Average Rent (2 BR Apartment): $1563 per month
- Average Rent (2 BR House): $1699 per month
Considering a move to Bandera, TX? The current housing index is at an impressive 98.2, suggesting stability or potential growth. The median home price of 320000 indicates that investing in property here could be worthwhile, especially in a market where home values may be appreciating. However, the absence of data on rental prices—1563 for apartments and 1699 for houses—suggests a lack of available rental listings or could hint at fluctuations in rental demand. Overall, now may be an opportune time to explore home buying in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bandera, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $235 per month
Living in Bandera, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $235 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bandera is a financially viable option for your relocation.