Cost of Living in Deerwood, TX

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

Cost of Living Overview

Overall Index

87.5

100 = national avg

-12.5 vs national average

Living Wage (1 Adult)

$38,490

per year

Living Wage (Family of 4)

$90,976

per year

Cost Index by Category

Housing
33.1
Food
113.7
Transportation
127.5
Healthcare
111.0
Utilities
94.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,323

per month

2 Bedroom

$1,573

per month

The overall cost of living index in Deerwood is 87.5, which is 12.5% below the national average. Housing costs are below the national average at an index of 33.1. A single adult needs to earn approximately $38,490 per year to cover basic expenses.