Montgomery TX Cost of Living
Housing, taxes, groceries, and more - how does Montgomery compare to national averages?
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Montgomery TX Cost of Living
Montgomery offers affordable living with Texas tax benefits.
Taxes
| Tax Type | Texas | National Avg | |----------|-------|--------------| | State Income | 0% | 4.6% | | Sales Tax | 8.25% | 7.3% | | Property Tax | 2.1% | 1.1% |
Property tax is higher but offsets with no income tax
Housing
- Median rent: $1,400/month (2BR)
- Median home: $350,000
- Property tax rate: 2.1%
Daily Expenses
- Gasoline: $2.80/gallon (below avg)
- Groceries: 2% below national
- Utilities: 5% above national
Salary Needed
For $350K home at 20% down:
- Household income: $75,000-90,000
- DTI ratio: 28% front-end recommended
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