Cinco Ranch, TX Cost Of Living
Cost Of Living In Cinco Ranch, TX Summary
Cost of living in Cinco Ranch 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 Cinco Ranch 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 Cinco Ranch is 119, with 100 being the average.
The cost of living index in Cinco Ranch is 1.2x higher than the national average.
Cinco Ranch ranks as the #381 cheapest in Texas out of 405.
Cinco Ranch ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Cinco Ranch is $381,500.
The median income in Cinco Ranch is $152,662.
Table Of Contents
Cinco Ranch's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cinco Ranch, TX?
According to the most recent data on the cost of living, Cinco Ranch has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Texas, Cinco Ranch has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Cinco Ranch ranks as #381 most affordable out of the 405 places we measured in Texas. By definition, that implies Cinco Ranch ranks as the #24 most expensive place in the Lone Star State.
For more reading on life in Cinco Ranch, check out:
- Living In Cinco Ranch
- Search Homes For Sale In Cinco Ranch, TX
In Texas
In America
Cinco Ranch Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Cinco Ranch. Here is how it fairs on each of the criteria:
The Services index in Cinco Ranch is 101.
The Groceries index in Cinco Ranch is 92.
The Health index in Cinco Ranch is 100.
The Housing index in Cinco Ranch is 162.
The Transportation index in Cinco Ranch is 94.
The Utilities index in Cinco Ranch is 111.
| Living Expense | Cinco Ranch | Texas | National Average | |
|---|---|---|---|---|
| Overall | 119 | 92 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 92 | 93 | 100 | |
| Health | 100 | 93 | 100 | |
| Housing | 162 | 84 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 111 | 104 | 100 | |
Cinco Ranch, 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 Cinco Ranch is $381,500.
The Median Rent in Cinco Ranch is $1,756.
The Median Income in Cinco Ranch is $152,662.
The Home Value To Income in Cinco Ranch is 2.5x.
The Rent To Monthly Income in Cinco Ranch is 0.14x.
| Statistic | Cinco Ranch | Texas | United States |
|---|---|---|---|
| Median Home Value | $381,500 | $202,600 | $244,900 |
| Median Rent | $1,756 | $1,146 | $1,163 |
| Median Income | $152,662 | $67,321 | $69,021 |
| Home Value To Income | 2.5x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Cinco Ranch, TX Costs By Category
Detailed Cinco Ranch Services Costs Vs. Texas
| Item | Cinco Ranch | Texas |
|---|---|---|
| Shampoo | $0.96 | $1.06 |
| Movie | $9.78 | $10.68 |
| Bowling | $20.8 | $14.67 |
| Haircut | $19.27 | $18.62 |
| Beauty Salon | $61.37 | $39.05 |
Detailed Cinco Ranch Groceries Costs Vs. Texas
| Item | Cinco Ranch | Texas |
|---|---|---|
| Ground Beef | $4.05 | $4.22 |
| Fried Chicken | $1.13 | $1.39 |
| Milk | $1.58 | $2.05 |
| Potatoes | $2.87 | $3.29 |
| Pizza | $9.65 | $10.62 |
| Beer | $9.84 | $9.38 |
| Toothpaste | $2.25 | $2.34 |
Detailed Cinco Ranch Health Costs Vs. Texas
| Item | Cinco Ranch | Texas |
|---|---|---|
| Optometrist | $119.84 | $108.57 |
| Doctor | $88.11 | $116.17 |
| Dentist | $111.03 | $99.13 |
Detailed Cinco Ranch Transportation Costs Vs. Texas
| Item | Cinco Ranch | Texas |
|---|---|---|
| Gasoline | $1.92 | $2.22 |
| Tire Balancing | $56.85 | $50.07 |
Detailed Cinco Ranch Utilities Costs Vs. Texas
| Item | Cinco Ranch | Texas |
|---|---|---|
| All Electricity | $199.99 | $167.67 |
| Phone | $183.98 | $175.64 |
Cinco Ranch SnackAbility
/10
Cost Of Living In Cities Around Cinco Ranch
The cost of living varies in the cities and towns around Cinco Ranch. Here's a quick look at the cost of living in the most populous nearby places:
Sugar Land, TX has a cost of living index of 117, 1.0x Cinco Ranch.
Mission Bend, TX has a cost of living index of 97, 0.8x Cinco Ranch.
Katy, TX has a cost of living index of 97, 0.8x Cinco Ranch.
| City | Population | Cost Of Living | Vs. Cinco Ranch |
|---|---|---|---|
| Sugar Land, TX | 110,272 | 117 | 1.0x |
| Mission Bend, TX | 38,772 | 97 | 0.8x |
| Katy, TX | 21,926 | 97 | 0.8x |
| Pecan Grove, TX | 19,944 | 102 | 0.9x |
| Bellaire, TX | 17,262 | 173 | 1.5x |
| Fulshear, TX | 17,259 | 123 | 1.0x |
| Stafford, TX | 17,170 | 98 | 0.8x |
| West University Place, TX | 14,975 | 195 | 1.6x |
| Richmond, TX | 11,768 | 85 | 0.7x |
| Four Corners, TX | 11,133 | 101 | 0.8x |
