Cost of Living in Chico, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.8
100 = national avg
-2.2 vs national average
Living Wage (1 Adult)
$43,012
per year
Living Wage (Family of 4)
$101,666
per year
Cost Index by Category
Housing107.3
Food94.4
Transportation88.9
Healthcare95.5
Utilities98.1
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 Chico is 97.8, which is 2.2% below the national average. Housing costs are above the national average at an index of 107.3. A single adult needs to earn approximately $43,012 per year to cover basic expenses.