Cost of Living in Abbott, TX

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

118.7

100 = national avg

+18.7 vs national average

Living Wage (1 Adult)

$52,221

per year

Living Wage (Family of 4)

$123,432

per year

Cost Index by Category

Housing
88.9
Food
125.6
Transportation
151.2
Healthcare
120.5
Utilities
113.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$802

per month

2 Bedroom

$1,023

per month

The overall cost of living index in Abbott is 118.7, which is 18.7% above the national average. Housing costs are below the national average at an index of 88.9. A single adult needs to earn approximately $52,221 per year to cover basic expenses.