Cost of Living in Mingus, TX
Housing
The housing market plays a significant role in determining the cost of living in Mingus, TX.
- Housing Index: 98.2 / 100
- Median Home Price is: $145,000
- Average Rent (2 BR Apartment): $1563 per month
- Average Rent (2 BR House): $1699 per month
Considering a move to Mingus, TX? With a median home price of 145000 and a housing index of 98.2, it appears that homeownership is quite attainable in this area. However, the current data shows no average rent for a 2-bedroom apartment or house, implying potential affordability opportunities or a lack of rental inventory. It’s essential to explore local amenities and job markets, as these factors greatly influence living quality and long-term satisfaction in your new home. Don't hesitate to dig deeper into neighborhoods and community resources to find the best fit for your lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mingus, 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 Mingus, 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 Mingus is a financially viable option for your relocation.