Cost of Living in Gholson, TX

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

Cost of Living Overview

Overall Index

103.5

100 = national avg

+3.5 vs national average

Living Wage (1 Adult)

$45,552

per year

Living Wage (Family of 4)

$107,668

per year

Cost Index by Category

Housing
88.5
Food
108.7
Transportation
117.5
Healthcare
107.0
Utilities
102.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$996

per month

2 Bedroom

$1,240

per month

The overall cost of living index in Gholson is 103.5, which is 3.5% above the national average. Housing costs are below the national average at an index of 88.5. A single adult needs to earn approximately $45,552 per year to cover basic expenses.