Cost of Living in Dripping Springs, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
188.0
100 = national avg
+88.0 vs national average
Living Wage (1 Adult)
$82,724
per year
Living Wage (Family of 4)
$195,530
per year
Cost Index by Category
Housing263.1
Food131.1
Transportation162.2
Healthcare124.9
Utilities151.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,562
per month
2 Bedroom
$1,852
per month
The overall cost of living index in Dripping Springs is 188.0, which is 88.0% above the national average. Housing costs are above the national average at an index of 263.1. A single adult needs to earn approximately $82,724 per year to cover basic expenses.