Cost of Living in Providence Village, TX

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

Cost of Living Overview

Overall Index

178.0

100 = national avg

+78.0 vs national average

Living Wage (1 Adult)

$78,327

per year

Living Wage (Family of 4)

$185,136

per year

Cost Index by Category

Housing
237.1
Food
130.6
Transportation
161.5
Healthcare
124.5
Utilities
145.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,648

per month

2 Bedroom

$1,931

per month

The overall cost of living index in Providence Village is 178.0, which is 78.0% above the national average. Housing costs are above the national average at an index of 237.1. A single adult needs to earn approximately $78,327 per year to cover basic expenses.