What is the cost of living in Providence Village, TX?
According to the most recent data on the cost of living, Providence Village has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Texas, Providence Village has a cost of living index that's 1.2x higher than Texas's index of 93.
The standard of living in Providence Village ranks as #347 most affordable out of the 419 places we measured in Texas. By definition, that implies Providence Village ranks as the #72 most expensive place in the Lone Star State.
For more reading on life in Providence Village, check out:
Providence Village Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Providence Village. Here is how it fares on each of the criteria:
The Services index in Providence Village is 99.
The Groceries index in Providence Village is 97.
The Health index in Providence Village is 142.
The Housing index in Providence Village is 103.
The Transportation index in Providence Village is 103.
The Utilities index in Providence Village is 95.
| Living Expense | Providence Village | Texas | National Average |
|---|---|---|---|
| Overall | 113 | 93 | 100 |
| Services | 99 | 100 | 100 |
| Groceries | 97 | 99 | 100 |
| Health | 142 | 81 | 100 |
| Housing | 103 | 97 | 100 |
| Transportation | 103 | 103 | 100 |
| Utilities | 95 | 100 | 100 |
Providence Village Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Providence Village Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Providence Village, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Providence Village is $372,220.
The Median Rent in Providence Village is $2,413.
The Median Income in Providence Village is $110,430.
The Home Value To Income in Providence Village is 3.4x.
The Rent To Monthly Income in Providence Village is 0.26x.
| Statistic | Providence Village | Texas | United States |
|---|---|---|---|
| Median Home Value | $372,220 | $300,957 | $332,700 |
| Median Rent | $2,413 | $1,403 | $1,413 |
| Median Income | $110,430 | $78,476 | $80,734 |
| Home Value To Income | 3.4x | 3.8x | 4.1x |
| Rent To Monthly Income | 0.26x | 0.21x | 0.21x |
Providence Village, TX Costs By Category
Detailed Providence Village Services costs vs. Texas
| Item | Providence Village | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $11.85 | $12.13 |
| Bowling | $16.96 | $18 |
| Haircut | $23.57 | $24.26 |
| Beauty Salon | $35.11 | $45.56 |
Detailed Providence Village Groceries costs vs. Texas
| Item | Providence Village | Texas |
|---|---|---|
| Ground Beef | $5.44 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.15 | $4.93 |
| Pizza | $11.96 | $12.09 |
| Beer | $10.27 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Providence Village Health costs vs. Texas
| Item | Providence Village | Texas |
|---|---|---|
| Optometrist | $96.63 | $125.68 |
| Doctor | $131.0 | $135.78 |
| Dentist | $86.73 | $113.29 |
Detailed Providence Village Transportation costs vs. Texas
| Item | Providence Village | Texas |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $66.47 | $59.92 |
Detailed Providence Village Utilities costs vs. Texas
| Item | Providence Village | Texas |
|---|---|---|
| All Electricity | $145.64 | $193.99 |
| Phone | $208.71 | $192.25 |
