Cost of Living in Lavon, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
186.9
100 = national avg
+86.9 vs national average
Living Wage (1 Adult)
$82,224
per year
Living Wage (Family of 4)
$194,347
per year
Cost Index by Category
Housing210.9
Food151.5
Transportation203.0
Healthcare141.2
Utilities153.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Lavon is 186.9, which is 86.9% above the national average. Housing costs are above the national average at an index of 210.9. A single adult needs to earn approximately $82,224 per year to cover basic expenses.