Cost of Living in Gilmer, TX

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

Cost of Living Overview

Overall Index

90.5

100 = national avg

-9.5 vs national average

Living Wage (1 Adult)

$39,821

per year

Living Wage (Family of 4)

$94,122

per year

Cost Index by Category

Housing
101.1
Food
81.6
Transportation
106.6
Healthcare
85.2
Utilities
89.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,013

per month

2 Bedroom

$1,199

per month

The overall cost of living index in Gilmer is 90.5, which is 9.5% below the national average. Housing costs are above the national average at an index of 101.1. A single adult needs to earn approximately $39,821 per year to cover basic expenses.