Cost of Living in Grandfalls, TX

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

Cost of Living Overview

Overall Index

78.8

100 = national avg

-21.2 vs national average

Living Wage (1 Adult)

$34,674

per year

Living Wage (Family of 4)

$81,957

per year

Cost Index by Category

Housing
60.0
Food
92.8
Transportation
85.6
Healthcare
94.2
Utilities
87.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$963

per month

2 Bedroom

$1,215

per month

The overall cost of living index in Grandfalls is 78.8, which is 21.2% below the national average. Housing costs are below the national average at an index of 60.0. A single adult needs to earn approximately $34,674 per year to cover basic expenses.