Rockwall, TX Cost Of Living
Cost Of Living In Rockwall, TX Summary
Cost of living in Rockwall 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 Rockwall 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 Rockwall is 108, with 100 being the average.
The cost of living index in Rockwall is 1.1x higher than the national average.
Rockwall ranks as the #359 cheapest in Texas out of 405.
Rockwall ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Rockwall is $295,600.
The median income in Rockwall is $107,301.
Table Of Contents
Rockwall's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Rockwall, TX?
According to the most recent data on the cost of living, Rockwall has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Texas, Rockwall has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Rockwall ranks as #359 most affordable out of the 405 places we measured in Texas. By definition, that implies Rockwall ranks as the #46 most expensive place in the Lone Star State.
For more reading on life in Rockwall, check out:
- Living In Rockwall
- Rockwall Crime Report
- Search Homes For Sale In Rockwall, TX
In Texas
In America
Rockwall Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Rockwall. Here is how it fairs on each of the criteria:
The Services index in Rockwall is 113.
The Groceries index in Rockwall is 94.
The Health index in Rockwall is 78.
The Housing index in Rockwall is 118.
The Transportation index in Rockwall is 99.
The Utilities index in Rockwall is 110.
| Living Expense | Rockwall | Texas | National Average | |
|---|---|---|---|---|
| Overall | 108 | 92 | 100 | |
| Services | 113 | 96 | 100 | |
| Groceries | 94 | 93 | 100 | |
| Health | 78 | 93 | 100 | |
| Housing | 118 | 84 | 100 | |
| Transportation | 99 | 92 | 100 | |
| Utilities | 110 | 104 | 100 | |
Rockwall, 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 Rockwall is $295,600.
The Median Rent in Rockwall is $1,395.
The Median Income in Rockwall is $107,301.
The Home Value To Income in Rockwall is 2.8x.
The Rent To Monthly Income in Rockwall is 0.16x.
| Statistic | Rockwall | Texas | United States |
|---|---|---|---|
| Median Home Value | $295,600 | $202,600 | $244,900 |
| Median Rent | $1,395 | $1,146 | $1,163 |
| Median Income | $107,301 | $67,321 | $69,021 |
| Home Value To Income | 2.8x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Rockwall, TX Costs By Category
Detailed Rockwall Services Costs Vs. Texas
Detailed Rockwall Groceries Costs Vs. Texas
Detailed Rockwall Health Costs Vs. Texas
Detailed Rockwall Transportation Costs Vs. Texas
Detailed Rockwall Utilities Costs Vs. Texas
Rockwall SnackAbility
/10
Cost Of Living In Cities Around Rockwall
The cost of living varies in the cities and towns around Rockwall. Here's a quick look at the cost of living in the most populous nearby places:
Garland, TX has a cost of living index of 97, 0.9x Rockwall.
Richardson, TX has a cost of living index of 110, 1.0x Rockwall.
Allen, TX has a cost of living index of 110, 1.0x Rockwall.
| City | Population | Cost Of Living | Vs. Rockwall |
|---|---|---|---|
| Garland, TX | 245,075 | 97 | 0.9x |
| Richardson, TX | 115,904 | 110 | 1.0x |
| Allen, TX | 102,778 | 110 | 1.0x |
| Rowlett, TX | 62,606 | 105 | 1.0x |
| Balch Springs, TX | 27,369 | 89 | 0.8x |
| Sachse, TX | 26,797 | 106 | 1.0x |
| Forney, TX | 22,770 | 103 | 1.0x |
| Murphy, TX | 20,655 | 127 | 1.2x |
| Seagoville, TX | 18,263 | 93 | 0.9x |
| Fate, TX | 17,403 | 110 | 1.0x |
