Cost of Living in Boyd, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.4
100 = national avg
+5.4 vs national average
Living Wage (1 Adult)
$46,367
per year
Living Wage (Family of 4)
$109,596
per year
Cost Index by Category
Housing111.7
Food101.2
Transportation102.3
Healthcare100.9
Utilities103.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$918
per month
2 Bedroom
$1,205
per month
The overall cost of living index in Boyd is 105.4, which is 5.4% above the national average. Housing costs are above the national average at an index of 111.7. A single adult needs to earn approximately $46,367 per year to cover basic expenses.