Cost of Living in Magnolia Beach, TX

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

Cost of Living Overview

Overall Index

104.6

100 = national avg

+4.6 vs national average

Living Wage (1 Adult)

$46,045

per year

Living Wage (Family of 4)

$108,833

per year

Cost Index by Category

Housing
105.5
Utilities
101.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$888

per month

2 Bedroom

$973

per month

The overall cost of living index in Magnolia Beach is 104.6, which is 4.6% above the national average. Housing costs are above the national average at an index of 105.5. A single adult needs to earn approximately $46,045 per year to cover basic expenses.