Cost of Living in Loraine, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
56.2
100 = national avg
-43.8 vs national average
Living Wage (1 Adult)
$24,712
per year
Living Wage (Family of 4)
$58,410
per year
Cost Index by Category
Housing38.2
Food76.4
Transportation52.9
Healthcare81.2
Utilities73.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$831
per month
2 Bedroom
$1,091
per month
The overall cost of living index in Loraine is 56.2, which is 43.8% below the national average. Housing costs are below the national average at an index of 38.2. A single adult needs to earn approximately $24,712 per year to cover basic expenses.