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Magnolia, TX vs Rice Tracts, TX

94
Magnolia
Texas
VS
+5.1%
89
Rice Tracts
Texas

Rice Tracts is moderately more affordable than Magnolia, with a 5.1% lower cost of living index. Magnolia scores 94 compared to 89 for Rice Tracts, where the US average is 100. This difference means residents of Magnolia can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Magnolia are $285,200 compared to $235,600 in Rice Tracts, a 21% gap.

Median household income in Magnolia is $70,516 compared to $150,750 in Rice Tracts (-53.2%). Rice Tracts offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Rice Tracts is notably warmer with an average of 75°F compared to 69.8°F in Magnolia. Magnolia receives more rainfall at 50.8" per year compared to 24" in Rice Tracts.

Income & Cost

Cost of Living Index
Magnolia
94
Rice Tracts
89
5% cheaper
Median Household Income
Magnolia
$70,516
Rice Tracts
$150,750
53% higher

Housing

Median Rent
Magnolia
$1,172
Rice Tracts
Median Home Value
Magnolia
$285,200
Rice Tracts
$235,600
17% cheaper
Population
Magnolia
3,230
Rice Tracts
1,117

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Magnolia $3.12
Rice Tracts $2.85
US $3.07
🥚
Eggs (grade A, large)
Magnolia $2.54
Rice Tracts $2.32
US $2.50
🥛
Milk (whole)
Magnolia $4.09
Rice Tracts $3.74
US $4.03
🍞
Bread (white)
Magnolia $1.88
Rice Tracts $1.72
US $1.85
🍗
Chicken breast
Magnolia $4.21
Rice Tracts $3.85
US $4.14
Electricity
Magnolia $0.18
Rice Tracts $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Magnolia 69.8°F
Rice Tracts 75°F
Summer High
Magnolia 94°F
Rice Tracts 96°F
Winter Low
Magnolia 43°F
Rice Tracts 50°F
Rainfall
Magnolia 50.8"
Rice Tracts 24"
Rainy Days
Magnolia 122d
Rice Tracts 84d