River Oaks, TX Cost Of Living
Cost Of Living In River Oaks, TX Summary
Cost of living in River Oaks research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means River Oaks is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in River Oaks is 88, with 100 being the average.
The cost of living index in River Oaks is 0.9x lower than the national average.
River Oaks ranks as the #180 cheapest in Texas out of 405.
River Oaks ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in River Oaks is $151,600.
The median income in River Oaks is $61,566.
Table Of Contents
River Oaks's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in River Oaks, TX?
According to the most recent data on the cost of living, River Oaks has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Texas, River Oaks has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in River Oaks ranks as #180 most affordable out of the 405 places we measured in Texas. By definition, that implies River Oaks ranks as the #225 most expensive place in the Lone Star State.
For more reading on life in River Oaks, check out:
- Living In River Oaks
- River Oaks Crime Report
- Search Homes For Sale In River Oaks, TX
In Texas
In America
River Oaks Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in River Oaks. Here is how it fairs on each of the criteria:
The Services index in River Oaks is 100.
The Groceries index in River Oaks is 98.
The Health index in River Oaks is 97.
The Housing index in River Oaks is 64.
The Transportation index in River Oaks is 86.
The Utilities index in River Oaks is 108.
| Living Expense | River Oaks | Texas | National Average | |
|---|---|---|---|---|
| Overall | 88 | 92 | 100 | |
| Services | 100 | 96 | 100 | |
| Groceries | 98 | 93 | 100 | |
| Health | 97 | 93 | 100 | |
| Housing | 64 | 84 | 100 | |
| Transportation | 86 | 92 | 100 | |
| Utilities | 108 | 104 | 100 | |
River Oaks, 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 2017-2021. The key points are:
The Median Home Value in River Oaks is $151,600.
The Median Rent in River Oaks is $1,170.
The Median Income in River Oaks is $61,566.
The Home Value To Income in River Oaks is 2.5x.
The Rent To Monthly Income in River Oaks is 0.23x.
| Statistic | River Oaks | Texas | United States |
|---|---|---|---|
| Median Home Value | $151,600 | $202,600 | $244,900 |
| Median Rent | $1,170 | $1,146 | $1,163 |
| Median Income | $61,566 | $67,321 | $69,021 |
| Home Value To Income | 2.5x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
River Oaks, TX Costs By Category
Detailed River Oaks Services Costs Vs. Texas
| Item | River Oaks | Texas |
|---|---|---|
| Shampoo | $0.99 | $1.06 |
| Movie | $10.24 | $10.68 |
| Bowling | $18.08 | $14.67 |
| Haircut | $27.56 | $18.62 |
| Beauty Salon | $53.57 | $39.05 |
Detailed River Oaks Groceries Costs Vs. Texas
| Item | River Oaks | Texas |
|---|---|---|
| Ground Beef | $5.2 | $4.22 |
| Fried Chicken | $1.87 | $1.39 |
| Milk | $1.92 | $2.05 |
| Potatoes | $2.67 | $3.29 |
| Pizza | $9.31 | $10.62 |
| Beer | $9.8 | $9.38 |
| Toothpaste | $2.7 | $2.34 |
Detailed River Oaks Health Costs Vs. Texas
| Item | River Oaks | Texas |
|---|---|---|
| Optometrist | $92.25 | $108.57 |
| Doctor | $91.05 | $116.17 |
| Dentist | $108.33 | $99.13 |
Detailed River Oaks Transportation Costs Vs. Texas
| Item | River Oaks | Texas |
|---|---|---|
| Gasoline | $1.83 | $2.22 |
| Tire Balancing | $47.98 | $50.07 |
Detailed River Oaks Utilities Costs Vs. Texas
| Item | River Oaks | Texas |
|---|---|---|
| All Electricity | $187.94 | $167.67 |
| Phone | $184.73 | $175.64 |
River Oaks SnackAbility
/10
Cost Of Living In Cities Around River Oaks
The cost of living varies in the cities and towns around River Oaks. Here's a quick look at the cost of living in the most populous nearby places:
Fort Worth, TX has a cost of living index of 95, 1.1x River Oaks.
North Richland Hills, TX has a cost of living index of 99, 1.1x River Oaks.
Euless, TX has a cost of living index of 95, 1.1x River Oaks.
| City | Population | Cost Of Living | Vs. River Oaks |
|---|---|---|---|
| Fort Worth, TX | 908,469 | 95 | 1.1x |
| North Richland Hills, TX | 69,817 | 99 | 1.1x |
| Euless, TX | 60,134 | 95 | 1.1x |
| Bedford, TX | 49,576 | 97 | 1.1x |
| Burleson, TX | 47,230 | 98 | 1.1x |
| Keller, TX | 45,190 | 117 | 1.3x |
| Hurst, TX | 40,114 | 94 | 1.1x |
| Southlake, TX | 30,754 | 150 | 1.7x |
| Colleyville, TX | 25,827 | 136 | 1.5x |
| Saginaw, TX | 23,676 | 93 | 1.1x |
