Cost of living in North Richland Hills 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 North Richland Hills 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 North Richland Hills is 99, with 100 being the average.
The cost of living index in North Richland Hills is 1.0x lower than the national average.
North Richland Hills ranks as the #308 cheapest in Texas out of 405.
North Richland Hills ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in North Richland Hills is $250,600.
The median income in North Richland Hills is $80,932.
According to the most recent data on the cost of living, North Richland Hills has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Texas, North Richland Hills has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in North Richland Hills ranks as #308 most affordable out of the 405 places we measured in Texas. By definition, that implies North Richland Hills ranks as the #97 most expensive place in the Lone Star State.
For more reading on life in North Richland Hills, check out:
Six factors go into calculating the cost of living index in North Richland Hills. Here is how it fairs on each of the criteria:
The Services index in North Richland Hills is 102.
The Groceries index in North Richland Hills is 97.
The Health index in North Richland Hills is 97.
The Housing index in North Richland Hills is 91.
The Transportation index in North Richland Hills is 85.
The Utilities index in North Richland Hills is 108.
Living Expense | North Richland Hills | Texas | National Average | |
---|---|---|---|---|
Overall | 99 | 92 | 100 | |
Services | 102 | 96 | 100 | |
Groceries | 97 | 93 | 100 | |
Health | 97 | 93 | 100 | |
Housing | 91 | 84 | 100 | |
Transportation | 85 | 92 | 100 | |
Utilities | 108 | 104 | 100 |
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 North Richland Hills is $250,600.
The Median Rent in North Richland Hills is $1,271.
The Median Income in North Richland Hills is $80,932.
The Home Value To Income in North Richland Hills is 3.1x.
The Rent To Monthly Income in North Richland Hills is 0.19x.
Statistic | North Richland Hills | Texas | United States |
---|---|---|---|
Median Home Value | $250,600 | $202,600 | $244,900 |
Median Rent | $1,271 | $1,146 | $1,163 |
Median Income | $80,932 | $67,321 | $69,021 |
Home Value To Income | 3.1x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | North Richland Hills | 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 |
Item | North Richland Hills | 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 |
Item | North Richland Hills | Texas |
---|---|---|
Optometrist | $92.25 | $108.57 |
Doctor | $91.05 | $116.17 |
Dentist | $108.33 | $99.13 |
Item | North Richland Hills | Texas |
---|---|---|
Gasoline | $1.83 | $2.22 |
Tire Balancing | $47.98 | $50.07 |
Item | North Richland Hills | Texas |
---|---|---|
All Electricity | $187.94 | $167.67 |
Phone | $184.73 | $175.64 |
The cost of living varies in the cities and towns around North Richland Hills. Here's a quick look at the cost of living in the most populous nearby places:
Lewisville, TX has a cost of living index of 100, 1.0x North Richland Hills.
Flower Mound, TX has a cost of living index of 117, 1.2x North Richland Hills.
Euless, TX has a cost of living index of 95, 1.0x North Richland Hills.
City | Population | Cost Of Living | Vs. North Richland Hills |
---|---|---|---|
Lewisville, TX | 110,077 | 100 | 1.0x |
Flower Mound, TX | 75,050 | 117 | 1.2x |
Euless, TX | 60,134 | 95 | 1.0x |
Grapevine, TX | 50,548 | 109 | 1.1x |
Bedford, TX | 49,576 | 97 | 1.0x |
Keller, TX | 45,190 | 117 | 1.2x |
Coppell, TX | 42,420 | 121 | 1.2x |
Hurst, TX | 40,114 | 94 | 0.9x |
Southlake, TX | 30,754 | 150 | 1.5x |
Colleyville, TX | 25,827 | 136 | 1.4x |