Cost of Living in Rice, TX

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

Cost of Living Overview

Overall Index

98.9

100 = national avg

-1.1 vs national average

Living Wage (1 Adult)

$43,522

per year

Living Wage (Family of 4)

$102,869

per year

Cost Index by Category

Housing
99.6
Food
99.0
Transportation
97.9
Healthcare
99.2
Utilities
99.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$863

per month

2 Bedroom

$1,055

per month

The overall cost of living index in Rice is 98.9, which is 1.1% below the national average. Housing costs are below the national average at an index of 99.6. A single adult needs to earn approximately $43,522 per year to cover basic expenses.