There are several reasons why people relocate to a new city. Basic statistical data regarding the population, housing stock, and traffic in a particular area might be useful in deciding whether or not a particular city is a good fit for you, even though it’s not always fascinating to read.
How much does it cost to live in College Station, Texas?
The cost of living, particularly Student accommodation College Station expenses, can play a significant role in deciding whether or not to relocate. It can be useful to know how the cost of housing in a given place compares to other locations, even though home and rent prices vary depending on square footage, location, and other factors.
Housing Costs in College Station
One of the main factors affecting the cost of living is housing. The median home value in College Station is $226,400, which is more than the $204,900 national median. A home built in 1939 or before is typically valued at $355,000, whereas a home built in 2014 or later is valued at $291,700.
Sometimes it’s less expensive to rent than to buy a property. Approximately 63.40 percent of occupied residences in College Station are rented, which is higher than the 36.2% nationwide renter rate. The average College Station renter pays $972 per month for Student Apartment College Station, which is more than the $1,023 national median rent.
Area income is one of the main factors that determines housing affordability in addition to house value. The average cost of a home in the United States is 3.4 times higher than the $60,293 median household income, although housing affordability ratios vary widely across the nation, from about 1.0 in the most affordable places to more than 10.0 in the priciest areas. The median household income in College Station is $42,964, which is 5.3 times the median value of a property.
Transportation Costs in College Station
The cost of living may also be significantly impacted by transportation. 87.70% of commuters in College Station drive to work, compared to 85.5% of commuters nationwide. Compared to the 43.7% of commuters overall who live and work in different places, an estimated 32.00% of workers commute to jobs outside of College Station. In College Station, the typical commute takes 16 minutes, whereas throughout the country, it takes 26.6 minutes. When petrol prices, public transportation, and auto maintenance are included in, the EPI calculates that an individual living in College Station spends $9,582 annually on transportation—nearly the same amount as the $9,760 national average.
Food costs in College Station
Another daily item that significantly affects the total cost of living is food. The U.S. Department of Agriculture’s data indicates that food prices differ from town to town and city to city.
A family of four in College Station spends $8,621 on food on average each year, compared to $2,985 for a single adult. To put things in perspective, the average yearly food expenses in Texas and the United States are $2,897 and $3,240 for an individual and $8,366 and $9,354 for a family of four, respectively. These figures are based on a nutritionally sufficient diet consisting of grocery store-purchased food prepared at home. You can cut cost on food by cooking your own meals at your Student accommodation in College Station.
How is the employment situation in College Station, Texas?
Do you live somewhere with employment chances in your field, or are you looking into other places? The employment situation in a place may give insight into the standard of living there. After all, there are usually more options for dining, shopping, and leisure activities in areas with a high concentration of employment.
College Station has a stronger job market than the country as a whole. College Station’s unemployment rate is less than the 8.7% national average.
The national average yearly wage is $58,260, whereas the average annual pay in College Station is $45,120.
Cambridge Hall is an amazing off-campus housing community where each day is like a retreat! The ideal A&M and Blinn College living experience is the driving force behind the design of Cambridge Hall College Station, which is a haven of luxury, conveniences, and moods. Enjoy endless meals, unwind in one of its pools, watch your favourite movie in theatre on-site, study in study lounge, and much more. Everything is designed and intended just for you! To see all that Cambridge Hall has to offer and to locate your ideal completely furnished floor plan, schedule a tour now.