Cost of Living in Goldsmith, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.3
100 = national avg
+21.3 vs national average
Living Wage (1 Adult)
$53,377
per year
Living Wage (Family of 4)
$126,163
per year
Cost Index by Category
Housing118.1
Food118.4
Transportation125.2
Healthcare114.7
Utilities114.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,269
per month
2 Bedroom
$1,595
per month
The overall cost of living index in Goldsmith is 121.3, which is 21.3% above the national average. Housing costs are above the national average at an index of 118.1. A single adult needs to earn approximately $53,377 per year to cover basic expenses.