Cost of Living in Hamlin, TX
Housing
The housing market plays a significant role in determining the cost of living in Hamlin, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $143,000
- Average Rent (2 BR Apartment): $1563 per month
- Average Rent (2 BR House): $1699 per month
Analyzing the data for Hamlin, TX, it appears that the housing index stands at 98.2, indicating a very mixed or unstable property market. With a median home price of 143000, the affordability factor is appealing for potential homebuyers. However, the absence of rental figures for a 1563 and 1699 could suggest limited availability or volatility in that sector. Prospective residents should consider the area’s overall cost of living, local economy, job opportunities, and amenities to ensure a well-rounded decision about moving to this location.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hamlin, 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 Hamlin, 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 Hamlin is a financially viable option for your relocation.