However, according to a 2020 Harvard report, nearly 25 percent of renters spend over half their budget on rental fees. According to financial experts, the “rule of thumb" when it comes to renting is that it should make up no more than 30 percent of your monthly budget. The biggest part of your monthly budget is your rent. Even Dallas, TX has significantly higher housing prices (averaging nearly $400,000). The average price for a home in San Antonio is $348,246 - an amazing price considering houses in some cities like Los Angeles, CA or Manhattan, NY go for $920,000 and $1,170,000, respectively, on average. When looking to move to San Antonio, it is important that you factor in the costs associated with owning a house. Housing is the most significant expense for most American households, and San Antonians are no different. * The cost of living in San Antonio is 8% lower than the national average. * The average annual salary in San Antonio is $49,677 per year.
* The average cost of utilities in San Antonio is $199.90 per month. * The average cost of a one-bedroom apartment in San Antonio is $1,154 per month. We've gathered the best information about the cost of living in San Antonio for this post. If you are considering relocating to San Antonio but are unsure about the cost of living in the area, this article is for you. Overall, living in San Antonio is 2% cheaper than the state average and 8% lower than the national average. While the cost of living is rising around the country, San Antonians appear to be doing better than residents in many other Texas cities and national locations. According to data by Filterbuy, San Antonio had the 12th largest increase in the cost of living among major U.S. However, San Antonio, like other major US cities, is seeing an increase in its cost of living. Cheap real estate, low taxes, small-town feel, big-city amenities, a major sports team, mild winters, and a booming economy.
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