Cost of Living in Krum, TX

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

Cost of Living Overview

Overall Index

160.2

100 = national avg

+60.2 vs national average

Living Wage (1 Adult)

$70,479

per year

Living Wage (Family of 4)

$166,588

per year

Cost Index by Category

Housing
178.3
Food
135.1
Transportation
170.2
Healthcare
128.1
Utilities
136.7

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 Krum is 160.2, which is 60.2% above the national average. Housing costs are above the national average at an index of 178.3. A single adult needs to earn approximately $70,479 per year to cover basic expenses.