Cost of Living in Lake Cherokee, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
131.0
100 = national avg
+31.0 vs national average
Living Wage (1 Adult)
$57,641
per year
Living Wage (Family of 4)
$136,242
per year
Cost Index by Category
Housing135.7
Food120.0
Transportation140.0
Healthcare116.0
Utilities119.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$895
per month
2 Bedroom
$1,175
per month
The overall cost of living index in Lake Cherokee is 131.0, which is 31.0% above the national average. Housing costs are above the national average at an index of 135.7. A single adult needs to earn approximately $57,641 per year to cover basic expenses.