How much do the 300 people per day who move to Texas from California (111,000 moved to Houston in 2021) actually save? According to a report by Storage Cafe, Californians can save a staggering $650,000 or so if they purchase a home in Houston.
Traffic moves northbound away from downtown on I-45 near the Quitman bridge on Wednesday, May 31, 2023 in Houston.Most Texans don't need a new report to tell them a large number of California residents have been making their way to the Lone Star State in recent years, that much is evident.
Perhaps you already knew cost of living is cheaper here, but how much do the 300 people per day who move to Texas actually save?, Californians can save a staggering $650,000 or so if they purchase a home in Houston. Reportedly, homes in Houston average about $403,490, a big discount compared to the homes that average around $870,000 in San Diego, according to Culture Map.
Also, rent prices are cheaper. Rent in areas like Los Angeles and San Diego can cost $2,600 monthly, whereas the median rent in Houston is half that, $1,336 monthly.The report also said 2021 was a peak period for move-ins of the last decade, showing an 80 percent increase compared to 2012.California residents have been moving to Houston for myriad personal and professional reasons.
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