Cost of Living in Granite Shoals, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
115.6
100 = national avg
+15.6 vs national average
Living Wage (1 Adult)
$50,860
per year
Living Wage (Family of 4)
$120,215
per year
Cost Index by Category
Housing134.4
Food103.2
Transportation106.4
Healthcare102.6
Utilities108.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$997
per month
2 Bedroom
$1,247
per month
The overall cost of living index in Granite Shoals is 115.6, which is 15.6% above the national average. Housing costs are above the national average at an index of 134.4. A single adult needs to earn approximately $50,860 per year to cover basic expenses.