Cost of Living in Alma, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
130.9
100 = national avg
+30.9 vs national average
Living Wage (1 Adult)
$57,605
per year
Living Wage (Family of 4)
$136,157
per year
Cost Index by Category
Housing125.1
Food130.5
Transportation124.4
Healthcare124.4
Utilities123.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Alma is 130.9, which is 30.9% above the national average. Housing costs are above the national average at an index of 125.1. A single adult needs to earn approximately $57,605 per year to cover basic expenses.