Cost of Living in Follett, TX

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

Cost of Living Overview

Overall Index

102.9

100 = national avg

+2.9 vs national average

Living Wage (1 Adult)

$45,284

per year

Living Wage (Family of 4)

$107,035

per year

Cost Index by Category

Housing
68.1
Food
116.6
Transportation
133.1
Healthcare
113.2
Utilities
103.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$778

per month

2 Bedroom

$973

per month

The overall cost of living index in Follett is 102.9, which is 2.9% above the national average. Housing costs are below the national average at an index of 68.1. A single adult needs to earn approximately $45,284 per year to cover basic expenses.