Cost of Living in Kermit, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.6
100 = national avg
+10.6 vs national average
Living Wage (1 Adult)
$48,648
per year
Living Wage (Family of 4)
$114,986
per year
Cost Index by Category
Housing83.0
Food118.9
Transportation137.9
Healthcare115.1
Utilities108.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$782
per month
2 Bedroom
$978
per month
The overall cost of living index in Kermit is 110.6, which is 10.6% above the national average. Housing costs are below the national average at an index of 83.0. A single adult needs to earn approximately $48,648 per year to cover basic expenses.