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 101, with 100 being the average.
The cost of living index in Royse City is 1.0x higher than the national average.
Royse City ranks as the #321 cheapest in Texas out of 405.
Royse City ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Royse City is $218,600.
The median income in Royse City is $99,726.
According to the most recent data on the cost of living, Royse City has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Texas, Royse City has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Royse City ranks as #321 most affordable out of the 405 places we measured in Texas. By definition, that implies Royse City ranks as the #84 most expensive place in the Lone Star State.
For more reading on life in Royse City, check out:
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 112.
The Groceries index in Royse City is 95.
The Health index in Royse City is 76.
The Housing index in Royse City is 93.
The Transportation index in Royse City is 99.
The Utilities index in Royse City is 112.
Living Expense | Royse City | Texas | National Average | |
---|---|---|---|---|
Overall | 101 | 92 | 100 | |
Services | 112 | 96 | 100 | |
Groceries | 95 | 93 | 100 | |
Health | 76 | 93 | 100 | |
Housing | 93 | 84 | 100 | |
Transportation | 99 | 92 | 100 | |
Utilities | 112 | 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 Royse City is $218,600.
The Median Rent in Royse City is $1,525.
The Median Income in Royse City is $99,726.
The Home Value To Income in Royse City is 2.2x.
The Rent To Monthly Income in Royse City is 0.18x.
Statistic | Royse City | Texas | United States |
---|---|---|---|
Median Home Value | $218,600 | $202,600 | $244,900 |
Median Rent | $1,525 | $1,146 | $1,163 |
Median Income | $99,726 | $67,321 | $69,021 |
Home Value To Income | 2.2x | 3.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Item | Royse City | Texas |
---|---|---|
Shampoo | $1.4 | $1.06 |
Movie | $11.58 | $10.68 |
Bowling | $21.11 | $14.67 |
Haircut | $17.97 | $18.62 |
Beauty Salon | $52.92 | $39.05 |
Item | Royse City | Texas |
---|---|---|
Ground Beef | $4.07 | $4.22 |
Fried Chicken | $1.33 | $1.39 |
Milk | $1.98 | $2.05 |
Potatoes | $2.72 | $3.29 |
Pizza | $12.8 | $10.62 |
Beer | $9.91 | $9.38 |
Toothpaste | $2.33 | $2.34 |
Item | Royse City | Texas |
---|---|---|
Optometrist | $125.0 | $108.57 |
Doctor | $68.0 | $116.17 |
Dentist | $75.75 | $99.13 |
Item | Royse City | Texas |
---|---|---|
Gasoline | $2.12 | $2.22 |
Tire Balancing | $52.86 | $50.07 |
Item | Royse City | Texas |
---|---|---|
All Electricity | $194.23 | $167.67 |
Phone | $185.48 | $175.64 |