Cost of Living in Elmo, TX

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

Cost of Living Overview

Overall Index

82.0

100 = national avg

-18.0 vs national average

Living Wage (1 Adult)

$36,087

per year

Living Wage (Family of 4)

$85,297

per year

Cost Index by Category

Housing
103.8
Food
78.2
Transportation
56.4
Healthcare
82.6
Utilities
87.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,648

per month

2 Bedroom

$1,931

per month

The overall cost of living index in Elmo is 82.0, which is 18.0% below the national average. Housing costs are above the national average at an index of 103.8. A single adult needs to earn approximately $36,087 per year to cover basic expenses.