Cost of Living in Richland Springs, TX

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

Cost of Living Overview

Overall Index

76.3

100 = national avg

-23.7 vs national average

Living Wage (1 Adult)

$33,590

per year

Living Wage (Family of 4)

$79,396

per year

Cost Index by Category

Housing
112.0
Food
68.4
Transportation
36.8
Healthcare
74.7
Utilities
83.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$786

per month

2 Bedroom

$1,031

per month

The overall cost of living index in Richland Springs is 76.3, which is 23.7% below the national average. Housing costs are above the national average at an index of 112.0. A single adult needs to earn approximately $33,590 per year to cover basic expenses.