Cost of Living in Lone Oak, TX

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

Cost of Living Overview

Overall Index

101.0

100 = national avg

+1.0 vs national average

Living Wage (1 Adult)

$44,437

per year

Living Wage (Family of 4)

$105,033

per year

Cost Index by Category

Housing
101.7
Food
100.4
Transportation
100.8
Healthcare
100.3
Utilities
100.6

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 Lone Oak is 101.0, which is 1.0% above the national average. Housing costs are above the national average at an index of 101.7. A single adult needs to earn approximately $44,437 per year to cover basic expenses.