Cost of Living in Goodrich, TX

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

Cost of Living Overview

Overall Index

84.8

100 = national avg

-15.2 vs national average

Living Wage (1 Adult)

$37,308

per year

Living Wage (Family of 4)

$88,183

per year

Cost Index by Category

Housing
110.5
Food
78.5
Transportation
57.1
Healthcare
82.8
Utilities
89.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$855

per month

2 Bedroom

$1,122

per month

The overall cost of living index in Goodrich is 84.8, which is 15.2% below the national average. Housing costs are above the national average at an index of 110.5. A single adult needs to earn approximately $37,308 per year to cover basic expenses.