Cost of Living in Fair Oaks Ranch, TX

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

275.9

100 = national avg

+175.9 vs national average

Living Wage (1 Adult)

$121,408

per year

Living Wage (Family of 4)

$286,963

per year

Cost Index by Category

Housing
387.6
Food
178.6
Transportation
257.3
Healthcare
162.9
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,177

per month

2 Bedroom

$1,426

per month

The overall cost of living index in Fair Oaks Ranch is 275.9, which is 175.9% above the national average. Housing costs are above the national average at an index of 387.6. A single adult needs to earn approximately $121,408 per year to cover basic expenses.