Cost of Living in Howe, TX

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

Cost of Living Overview

Overall Index

104.1

100 = national avg

+4.1 vs national average

Living Wage (1 Adult)

$45,796

per year

Living Wage (Family of 4)

$108,245

per year

Cost Index by Category

Housing
118.7
Food
93.9
Transportation
105.1
Healthcare
95.1
Utilities
100.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,089

per month

2 Bedroom

$1,351

per month

The overall cost of living index in Howe is 104.1, which is 4.1% above the national average. Housing costs are above the national average at an index of 118.7. A single adult needs to earn approximately $45,796 per year to cover basic expenses.