Cost of Living in Gatesville, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.0
100 = national avg
-7.0 vs national average
Living Wage (1 Adult)
$40,936
per year
Living Wage (Family of 4)
$96,759
per year
Cost Index by Category
Housing96.0
Food91.9
Transportation95.4
Healthcare93.5
Utilities94.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$990
per month
2 Bedroom
$1,233
per month
The overall cost of living index in Gatesville is 93.0, which is 7.0% below the national average. Housing costs are below the national average at an index of 96.0. A single adult needs to earn approximately $40,936 per year to cover basic expenses.