Cost of Living in Bishop, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.6
100 = national avg
-9.4 vs national average
Living Wage (1 Adult)
$39,870
per year
Living Wage (Family of 4)
$94,238
per year
Cost Index by Category
Housing87.6
Food94.6
Transportation89.3
Healthcare95.7
Utilities94.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,117
per month
2 Bedroom
$1,366
per month
The overall cost of living index in Bishop is 90.6, which is 9.4% below the national average. Housing costs are below the national average at an index of 87.6. A single adult needs to earn approximately $39,870 per year to cover basic expenses.