Royse City, TX Cost Of Living
Cost Of Living In Royse City, TX Summary
Cost of living in Royse City 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 Royse City 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 Royse City is 117, with 100 being the average.
The cost of living index in Royse City is 1.2x higher than the national average.
Royse City ranks as the #345 cheapest in Texas out of 414.
Royse City ranks as the #4,212 cheapest out of 6,489 in the US.
The median home value in Royse City is $322,089.
The median income in Royse City is $116,424.
Table Of Contents
Royse City's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Royse City, TX?
According to the most recent data on the cost of living, Royse City has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Texas, Royse City has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Royse City ranks as #345 most affordable out of the 414 places we measured in Texas. By definition, that implies Royse City ranks as the #69 most expensive place in the Lone Star State.
For more reading on life in Royse City, check out:
In Texas
In America
Royse City Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Royse City. Here is how it fairs on each of the criteria:
The Services index in Royse City is 121.
The Groceries index in Royse City is 98.
The Health index in Royse City is 109.
The Housing index in Royse City is 131.
The Transportation index in Royse City is 96.
The Utilities index in Royse City is 114.
| Living Expense | Royse City | Texas | National Average | |
|---|---|---|---|---|
| Overall | 117 | 92 | 100 | |
| Services | 121 | 97 | 100 | |
| Groceries | 98 | 97 | 100 | |
| Health | 109 | 93 | 100 | |
| Housing | 131 | 82 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 114 | 104 | 100 | |
Royse City, 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 2019-2023. The key points are:
The Median Home Value in Royse City is $322,089.
The Median Rent in Royse City is $2,108.
The Median Income in Royse City is $116,424.
The Home Value To Income in Royse City is 2.8x.
The Rent To Monthly Income in Royse City is 0.22x.
| Statistic | Royse City | Texas | United States |
|---|---|---|---|
| Median Home Value | $322,089 | $298,905 | $303,400 |
| Median Rent | $2,108 | $1,339 | $1,348 |
| Median Income | $116,424 | $76,292 | $78,538 |
| Home Value To Income | 2.8x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Royse City, TX Costs By Category
Detailed Royse City Services Costs Vs. Texas
| Item | Royse City | 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 Royse City Groceries Costs Vs. Texas
| Item | Royse City | 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 Royse City Health Costs Vs. Texas
| Item | Royse City | Texas |
|---|---|---|
| Optometrist | $96.63 | $125.68 |
| Doctor | $131.0 | $135.78 |
| Dentist | $86.73 | $113.29 |
Detailed Royse City Transportation Costs Vs. Texas
| Item | Royse City | Texas |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $66.47 | $59.92 |
Detailed Royse City Utilities Costs Vs. Texas
| Item | Royse City | Texas |
|---|---|---|
| All Electricity | $145.64 | $193.99 |
| Phone | $208.71 | $192.25 |
Royse City SnackAbility
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