Cost of Living in Madisonville, TX

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

Cost of Living Overview

Overall Index

84.8

100 = national avg

-15.2 vs national average

Living Wage (1 Adult)

$37,333

per year

Living Wage (Family of 4)

$88,241

per year

Cost Index by Category

Housing
77.0
Food
92.5
Transportation
85.0
Healthcare
94.0
Utilities
90.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Madisonville is 84.8, which is 15.2% below the national average. Housing costs are below the national average at an index of 77.0. A single adult needs to earn approximately $37,333 per year to cover basic expenses.