Cost of Living in Hempstead, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.8
100 = national avg
+2.8 vs national average
Living Wage (1 Adult)
$45,221
per year
Living Wage (Family of 4)
$106,885
per year
Cost Index by Category
Housing120.6
Food94.6
Transportation89.1
Healthcare95.6
Utilities100.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,323
per month
2 Bedroom
$1,573
per month
The overall cost of living index in Hempstead is 102.8, which is 2.8% above the national average. Housing costs are above the national average at an index of 120.6. A single adult needs to earn approximately $45,221 per year to cover basic expenses.