Cost of Living in Homestead Meadows North, TX

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

Cost of Living Overview

Overall Index

93.9

100 = national avg

-6.1 vs national average

Living Wage (1 Adult)

$41,297

per year

Living Wage (Family of 4)

$97,610

per year

Cost Index by Category

Housing
90.4
Food
92.5
Transportation
112.4
Healthcare
94.0
Utilities
93.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,013

per month

2 Bedroom

$1,191

per month

The overall cost of living index in Homestead Meadows North is 93.9, which is 6.1% below the national average. Housing costs are below the national average at an index of 90.4. A single adult needs to earn approximately $41,297 per year to cover basic expenses.