Cost of Living in Carter, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.8
100 = national avg
+11.8 vs national average
Living Wage (1 Adult)
$49,199
per year
Living Wage (Family of 4)
$116,289
per year
Cost Index by Category
Housing104.9
Food111.2
Transportation122.5
Healthcare109.0
Utilities107.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,473
per month
2 Bedroom
$1,723
per month
The overall cost of living index in Carter is 111.8, which is 11.8% above the national average. Housing costs are above the national average at an index of 104.9. A single adult needs to earn approximately $49,199 per year to cover basic expenses.