Cost of Living in Richland Hills, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
116.4
100 = national avg
+16.4 vs national average
Living Wage (1 Adult)
$51,238
per year
Living Wage (Family of 4)
$121,107
per year
Cost Index by Category
Housing140.4
Food101.7
Transportation103.4
Healthcare101.4
Utilities109.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,473
per month
2 Bedroom
$1,723
per month
The overall cost of living index in Richland Hills is 116.4, which is 16.4% above the national average. Housing costs are above the national average at an index of 140.4. A single adult needs to earn approximately $51,238 per year to cover basic expenses.