Cost of Living in Kemp, TX

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

Cost of Living Overview

Overall Index

106.2

100 = national avg

+6.2 vs national average

Living Wage (1 Adult)

$46,710

per year

Living Wage (Family of 4)

$110,405

per year

Cost Index by Category

Housing
108.5
Food
103.4
Transportation
106.8
Healthcare
102.7
Utilities
103.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,648

per month

2 Bedroom

$1,931

per month

The overall cost of living index in Kemp is 106.2, which is 6.2% above the national average. Housing costs are above the national average at an index of 108.5. A single adult needs to earn approximately $46,710 per year to cover basic expenses.