Cost of Living in Ricardo, TX
Population: 1,070 | Texas
Ricardo is 9% less expensive than the national average.
Cost of Living in Ricardo, TX: What You Need to Know
With a cost of living index of 91, Ricardo, TX is slightly more affordable than average. Living here is 9% cheaper than the national average and 3% above the Texas state average of 88. Ricardo is a small community of 1,070 residents.
The median household income in Ricardo is $68,108, which is 9% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Ricardo. The area sees an average annual temperature of 73.3°F, with summers averaging 85°F and winters around 60°F. Annual rainfall totals 27 inches spread over roughly 82 days.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $68,108
- vs US Median ($75,149)
- -9%
Housing
- Median Home Value
- $216,300
- Median Monthly Housing Cost
- $876/mo
Climate in Ricardo
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 69 | 73 | 78 | 84 | 89 | 94 | 96 | 97 | 92 | 86 | 78 | 71 |
| Avg °F | 58 | 62 | 67 | 74 | 80 | 84 | 86 | 86 | 82 | 75 | 66 | 59 |
| Low °F | 47 | 51 | 57 | 64 | 70 | 75 | 76 | 76 | 72 | 64 | 54 | 48 |
| Rain" | 1.2 | 1.2 | 1.8 | 1.8 | 3.5 | 3.2 | 1.4 | 2.3 | 4.8 | 2.9 | 1.4 | 1.7 |