Richland Hills, TX, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Richland Hills is 94, which is 6% lower than the national average of 100. This makes housing, groceries, transportation, and miscellaneous expenses more affordable, while utilities and healthcare costs are slightly higher.
Specifically, the housing index stands at 90, which is 10% lower than the national average. Groceries cost 95, a 5% decrease. Transportation costs 93, a 7% reduction. Healthcare costs 97, a 3% increase. Utilities are at 110, a 10% increase, and miscellaneous expenses are at 92, an 8% decrease. This balanced mix makes Richland Hills an attractive option for those seeking a lower cost of living.
Richland Hills, TX, presents a cost of living that is slightly lower than the nationwide average. The housing index stands at 90, which is 10% below the national average of 100. This suggests that housing costs in Richland Hills are more affordable compared to the rest of the country. Similarly, the groceries index is at 95, indicating a 5% decrease in cost. This means that residents can expect to spend less on groceries than the average American.
Utilities in Richland Hills, however, are slightly higher, with an index of 110. This represents a 10% increase over the national average. Despite this, the overall cost of living remains relatively balanced. The transportation index is at 93, which is 7% below the average, offering some savings in commuting costs. Healthcare costs are also slightly lower, with an index of 97, which is 3% below the national average. Lastly, the miscellaneous index is at 92, reflecting a 8% decrease in other living expenses. Overall, Richland Hills provides a cost of living that is competitive with the national average, offering some savings in key areas.
