Cost of Living in Bailey, TX

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

Cost of Living Overview

Overall Index

97.5

100 = national avg

-2.5 vs national average

Living Wage (1 Adult)

$42,913

per year

Living Wage (Family of 4)

$101,431

per year

Cost Index by Category

Housing
114.8
Food
91.1
Transportation
82.2
Healthcare
92.9
Utilities
97.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$751

per month

2 Bedroom

$985

per month

The overall cost of living index in Bailey is 97.5, which is 2.5% below the national average. Housing costs are above the national average at an index of 114.8. A single adult needs to earn approximately $42,913 per year to cover basic expenses.