Cost of Living in Ivanhoe, TX

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

Cost of Living Overview

Overall Index

81.4

100 = national avg

-18.6 vs national average

Living Wage (1 Adult)

$35,815

per year

Living Wage (Family of 4)

$84,654

per year

Cost Index by Category

Housing
91.1
Food
82.8
Transportation
65.6
Healthcare
86.2
Utilities
87.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$793

per month

2 Bedroom

$1,040

per month

The overall cost of living index in Ivanhoe is 81.4, which is 18.6% below the national average. Housing costs are below the national average at an index of 91.1. A single adult needs to earn approximately $35,815 per year to cover basic expenses.