Cost of Living in Lockett, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
51.9
100 = national avg
-48.1 vs national average
Living Wage (1 Adult)
$22,834
per year
Living Wage (Family of 4)
$53,971
per year
Cost Index by Category
Housing43.0
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$757
per month
2 Bedroom
$993
per month
The overall cost of living index in Lockett is 51.9, which is 48.1% below the national average. Housing costs are below the national average at an index of 43.0. A single adult needs to earn approximately $22,834 per year to cover basic expenses.