Cost of Living in Lake Worth, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.8
100 = national avg
+24.8 vs national average
Living Wage (1 Adult)
$54,902
per year
Living Wage (Family of 4)
$129,769
per year
Cost Index by Category
Housing133.0
Food114.1
Transportation128.2
Healthcare111.3
Utilities115.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,473
per month
2 Bedroom
$1,723
per month
The overall cost of living index in Lake Worth is 124.8, which is 24.8% above the national average. Housing costs are above the national average at an index of 133.0. A single adult needs to earn approximately $54,902 per year to cover basic expenses.