Cost of Living in Electra, TX

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

Cost of Living Overview

Overall Index

84.8

100 = national avg

-15.2 vs national average

Living Wage (1 Adult)

$37,309

per year

Living Wage (Family of 4)

$88,184

per year

Cost Index by Category

Housing
61.3
Food
99.0
Transportation
98.0
Healthcare
99.2
Utilities
91.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$925

per month

2 Bedroom

$1,136

per month

The overall cost of living index in Electra is 84.8, which is 15.2% below the national average. Housing costs are below the national average at an index of 61.3. A single adult needs to earn approximately $37,309 per year to cover basic expenses.