Cost of Living in Floydada, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.7
100 = national avg
-31.3 vs national average
Living Wage (1 Adult)
$30,250
per year
Living Wage (Family of 4)
$71,499
per year
Cost Index by Category
Housing51.5
Food85.0
Transportation70.1
Healthcare88.0
Utilities81.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Floydada is 68.7, which is 31.3% below the national average. Housing costs are below the national average at an index of 51.5. A single adult needs to earn approximately $30,250 per year to cover basic expenses.