Cost of Living in DeSoto, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
137.2
100 = national avg
+37.2 vs national average
Living Wage (1 Adult)
$60,373
per year
Living Wage (Family of 4)
$142,700
per year
Cost Index by Category
Housing167.8
Food113.6
Transportation127.3
Healthcare110.9
Utilities121.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in DeSoto is 137.2, which is 37.2% above the national average. Housing costs are above the national average at an index of 167.8. A single adult needs to earn approximately $60,373 per year to cover basic expenses.