Cost of Living in El Lago, TX

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

Cost of Living Overview

Overall Index

158.1

100 = national avg

+58.1 vs national average

Living Wage (1 Adult)

$69,545

per year

Living Wage (Family of 4)

$164,379

per year

Cost Index by Category

Housing
185.3
Food
129.8
Transportation
159.6
Healthcare
123.8
Utilities
134.9

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 El Lago is 158.1, which is 58.1% above the national average. Housing costs are above the national average at an index of 185.3. A single adult needs to earn approximately $69,545 per year to cover basic expenses.