Travis Ranch, TX Cost Of Living
Cost Of Living In Travis Ranch, TX Summary
Cost of living in Travis 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 Travis 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 Travis Ranch is 107, with 100 being the average.
The cost of living index in Travis Ranch is 1.1x higher than the national average.
Travis Ranch ranks as the #356 cheapest in Texas out of 405.
Travis Ranch ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Travis Ranch is $251,400.
The median income in Travis Ranch is $69,938.
Table Of Contents
Travis Ranch's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Travis Ranch, TX?
According to the most recent data on the cost of living, Travis Ranch has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Texas, Travis Ranch has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Travis Ranch ranks as #356 most affordable out of the 405 places we measured in Texas. By definition, that implies Travis Ranch ranks as the #49 most expensive place in the Lone Star State.
For more reading on life in Travis Ranch, check out:
- Living In Travis Ranch
- Search Homes For Sale In Travis Ranch, TX
In Texas
In America
Travis Ranch Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Travis Ranch. Here is how it fairs on each of the criteria:
The Services index in Travis Ranch is 109.
The Groceries index in Travis Ranch is 102.
The Health index in Travis Ranch is 115.
The Housing index in Travis Ranch is 117.
The Transportation index in Travis Ranch is 91.
The Utilities index in Travis Ranch is 109.
| Living Expense | Travis Ranch | Texas | National Average | |
|---|---|---|---|---|
| Overall | 107 | 92 | 100 | |
| Services | 109 | 96 | 100 | |
| Groceries | 102 | 93 | 100 | |
| Health | 115 | 93 | 100 | |
| Housing | 117 | 84 | 100 | |
| Transportation | 91 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Travis 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 Travis Ranch is $251,400.
The Median Rent in Travis Ranch is $2,168.
The Median Income in Travis Ranch is $69,938.
The Home Value To Income in Travis Ranch is 3.6x.
The Rent To Monthly Income in Travis Ranch is 0.37x.
| Statistic | Travis Ranch | Texas | United States |
|---|---|---|---|
| Median Home Value | $251,400 | $202,600 | $244,900 |
| Median Rent | $2,168 | $1,146 | $1,163 |
| Median Income | $69,938 | $67,321 | $69,021 |
| Home Value To Income | 3.6x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.37x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Travis Ranch, TX Costs By Category
Detailed Travis Ranch Services Costs Vs. Texas
| Item | Travis Ranch | Texas |
|---|---|---|
| Shampoo | $1.03 | $1.06 |
| Movie | $11.18 | $10.68 |
| Bowling | $21.14 | $14.67 |
| Haircut | $27.33 | $18.62 |
| Beauty Salon | $44.45 | $39.05 |
Detailed Travis Ranch Groceries Costs Vs. Texas
| Item | Travis Ranch | Texas |
|---|---|---|
| Ground Beef | $4.42 | $4.22 |
| Fried Chicken | $1.48 | $1.39 |
| Milk | $1.97 | $2.05 |
| Potatoes | $3.62 | $3.29 |
| Pizza | $9.44 | $10.62 |
| Beer | $10.12 | $9.38 |
| Toothpaste | $2.57 | $2.34 |
Detailed Travis Ranch Health Costs Vs. Texas
| Item | Travis Ranch | Texas |
|---|---|---|
| Optometrist | $97.86 | $108.57 |
| Doctor | $121.08 | $116.17 |
| Dentist | $133.84 | $99.13 |
Detailed Travis Ranch Transportation Costs Vs. Texas
| Item | Travis Ranch | Texas |
|---|---|---|
| Gasoline | $1.92 | $2.22 |
| Tire Balancing | $53.65 | $50.07 |
Detailed Travis Ranch Utilities Costs Vs. Texas
| Item | Travis Ranch | Texas |
|---|---|---|
| All Electricity | $188.78 | $167.67 |
| Phone | $185.48 | $175.64 |
Travis Ranch SnackAbility
/10
Cost Of Living In Cities Around Travis Ranch
The cost of living varies in the cities and towns around Travis Ranch. 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 Travis Ranch.
Mesquite, TX has a cost of living index of 93, 0.9x Travis Ranch.
Richardson, TX has a cost of living index of 110, 1.0x Travis Ranch.
| City | Population | Cost Of Living | Vs. Travis Ranch |
|---|---|---|---|
| Garland, TX | 245,075 | 97 | 0.9x |
| Mesquite, TX | 149,848 | 93 | 0.9x |
| Richardson, TX | 115,904 | 110 | 1.0x |
| Rowlett, TX | 62,606 | 105 | 1.0x |
| Rockwall, TX | 46,150 | 108 | 1.0x |
| Balch Springs, TX | 27,369 | 89 | 0.8x |
| Sachse, TX | 26,797 | 106 | 1.0x |
| University Park, TX | 25,029 | 214 | 2.0x |
| Forney, TX | 22,770 | 103 | 1.0x |
| Murphy, TX | 20,655 | 127 | 1.2x |
