Cost of Living in Canyon Lake, TX

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

Cost of Living Overview

Overall Index

138.2

100 = national avg

+38.2 vs national average

Living Wage (1 Adult)

$60,812

per year

Living Wage (Family of 4)

$143,738

per year

Cost Index by Category

Housing
152.0
Food
121.2
Transportation
143.2
Healthcare
116.9
Utilities
123.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,177

per month

2 Bedroom

$1,426

per month

The overall cost of living index in Canyon Lake is 138.2, which is 38.2% above the national average. Housing costs are above the national average at an index of 152.0. A single adult needs to earn approximately $60,812 per year to cover basic expenses.