Cost of Living in Lovelady, TX

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

Cost of Living Overview

Overall Index

83.0

100 = national avg

-17.0 vs national average

Living Wage (1 Adult)

$36,513

per year

Living Wage (Family of 4)

$86,303

per year

Cost Index by Category

Housing
96.1
Food
82.5
Transportation
65.0
Healthcare
86.0
Utilities
88.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$745

per month

2 Bedroom

$978

per month

The overall cost of living index in Lovelady is 83.0, which is 17.0% below the national average. Housing costs are below the national average at an index of 96.1. A single adult needs to earn approximately $36,513 per year to cover basic expenses.