Cost of Living in Ferris, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.9
100 = national avg
+13.9 vs national average
Living Wage (1 Adult)
$50,105
per year
Living Wage (Family of 4)
$118,430
per year
Cost Index by Category
Housing126.2
Food104.7
Transportation109.4
Healthcare103.8
Utilities108.1
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 Ferris is 113.9, which is 13.9% above the national average. Housing costs are above the national average at an index of 126.2. A single adult needs to earn approximately $50,105 per year to cover basic expenses.