Ricardo, TX Cost of Living


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Ricardo cost of living score
72.6
Less expensive
27.4% lower
than the US average
22.9% lower
than the Texas average
Ricardo, Texas gets a BestPlaces Cost of Living score of 72.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.4% lower than the U.S. average and 22.9% higher than the average for Texas.

Ricardo, TX

Housing costs in Ricardo?
A typical home costs $112,500, which is 66.7% less expensive than the national average of $338,100 and 62.2% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Ricardo costs $1,050 per month, which is 26.6% cheaper than the national average of $1,430 and 21.9% cheaper than the state average of $1,280.

Can I afford Ricardo?
To live comfortably in Ricardo, Texas, a minimum annual income of $21,600 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Ricardo?
The cost of living in Ricardo, TX is quite manageable compared to other cities in the United States. While groceries and housing can be a bit pricey, overall expenses are lower than the national average. Renting an apartment in town ranges from $500-$900/month depending on location and size. The median home price in Ricardo is around $120,000, which is significantly lower than other parts of Texas. Grocery prices are slightly higher than the national average but still manageable for most families. In general, living in Ricardo is a relatively inexpensive and comfortable option for those who want to stay within their budget.
   Cost of living score
     CategoriesRicardoTexasUnited States
  72.694.2100.0
  90.893.7100
  109.0100.0100.0
  31.383.5100.0
  $112,500$297,600$338,100
  105.1%99.2%100.0%
  66.6103.3100.0
  89.483.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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