Cost of Living in Alfred, TX

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

Cost of Living Overview

Overall Index

66.8

100 = national avg

-33.2 vs national average

Living Wage (1 Adult)

$29,377

per year

Living Wage (Family of 4)

$69,436

per year

Cost Index by Category

Housing
20.0
Food
95.9
Transportation
91.8
Healthcare
96.7
Utilities
81.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Alfred is 66.8, which is 33.2% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $29,377 per year to cover basic expenses.