Cost of living in Rendon 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 Rendon 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 Rendon is 102, with 100 being the average.
The cost of living index in Rendon is 1.0x higher than the national average.
Rendon ranks as the #330 cheapest in Texas out of 405.
Rendon ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Rendon is $290,200.
The median income in Rendon is $93,920.
According to the most recent data on the cost of living, Rendon has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Texas, Rendon has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Rendon ranks as #330 most affordable out of the 405 places we measured in Texas. By definition, that implies Rendon ranks as the #75 most expensive place in the Lone Star State.
For more reading on life in Rendon, check out:
Six factors go into calculating the cost of living index in Rendon. Here is how it fairs on each of the criteria:
The Services index in Rendon is 102.
The Groceries index in Rendon is 97.
The Health index in Rendon is 97.
The Housing index in Rendon is 109.
The Transportation index in Rendon is 86.
The Utilities index in Rendon is 108.
Living Expense | Rendon | Texas | National Average | |
---|---|---|---|---|
Overall | 102 | 92 | 100 | |
Services | 102 | 96 | 100 | |
Groceries | 97 | 93 | 100 | |
Health | 97 | 93 | 100 | |
Housing | 109 | 84 | 100 | |
Transportation | 86 | 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 Rendon is $290,200.
The Median Rent in Rendon is $998.
The Median Income in Rendon is $93,920.
The Home Value To Income in Rendon is 3.1x.
The Rent To Monthly Income in Rendon is 0.13x.
Statistic | Rendon | Texas | United States |
---|---|---|---|
Median Home Value | $290,200 | $202,600 | $244,900 |
Median Rent | $998 | $1,146 | $1,163 |
Median Income | $93,920 | $67,321 | $69,021 |
Home Value To Income | 3.1x | 3.0x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Rendon. Here's a quick look at the cost of living in the most populous nearby places:
Arlington, TX has a cost of living index of 91, 0.9x Rendon.
Mansfield, TX has a cost of living index of 102, 1.0x Rendon.
North Richland Hills, TX has a cost of living index of 99, 1.0x Rendon.
City | Population | Cost Of Living | Vs. Rendon |
---|---|---|---|
Arlington, TX | 392,304 | 91 | 0.9x |
Mansfield, TX | 71,375 | 102 | 1.0x |
North Richland Hills, TX | 69,817 | 99 | 1.0x |
Bedford, TX | 49,576 | 97 | 1.0x |
Burleson, TX | 47,230 | 98 | 1.0x |
Hurst, TX | 40,114 | 94 | 0.9x |
Benbrook, TX | 24,248 | 92 | 0.9x |
White Settlement, TX | 18,040 | 85 | 0.8x |
Crowley, TX | 17,977 | 95 | 0.9x |
Forest Hill, TX | 13,797 | 90 | 0.9x |