Calculate using real McAllen data. Median home price: $165,000. Property tax rate: 1.85%.
McAllen, TX has a cost of living index of 78, where 100 represents the national average. This means living in McAllen is 22% less expensive the national average.
The median household income in McAllen, TX is $42,758. Combined with a cost of living index of 78, this provides a picture of purchasing power in the area.
The median home price in McAllen, TX is $165,000 with a property tax rate of 1.85%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,239.