Cost of Living in Galveston, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.1
100 = national avg
+12.1 vs national average
Living Wage (1 Adult)
$49,304
per year
Living Wage (Family of 4)
$116,536
per year
Cost Index by Category
Housing147.7
Food93.7
Transportation87.5
Healthcare95.0
Utilities105.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,323
per month
2 Bedroom
$1,573
per month
The overall cost of living index in Galveston is 112.1, which is 12.1% above the national average. Housing costs are above the national average at an index of 147.7. A single adult needs to earn approximately $49,304 per year to cover basic expenses.