Cost of Living in Ransom Canyon, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
166.7
100 = national avg
+66.7 vs national average
Living Wage (1 Adult)
$73,340
per year
Living Wage (Family of 4)
$173,349
per year
Cost Index by Category
Housing195.6
Food135.2
Transportation170.4
Healthcare128.2
Utilities140.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$990
per month
2 Bedroom
$1,175
per month
The overall cost of living index in Ransom Canyon is 166.7, which is 66.7% above the national average. Housing costs are above the national average at an index of 195.6. A single adult needs to earn approximately $73,340 per year to cover basic expenses.