Cost of Living in Melvin, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.9
100 = national avg
-36.1 vs national average
Living Wage (1 Adult)
$28,122
per year
Living Wage (Family of 4)
$66,470
per year
Cost Index by Category
Housing24.5
Food90.8
Transportation81.7
Healthcare92.7
Utilities79.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$863
per month
2 Bedroom
$1,045
per month
The overall cost of living index in Melvin is 63.9, which is 36.1% below the national average. Housing costs are below the national average at an index of 24.5. A single adult needs to earn approximately $28,122 per year to cover basic expenses.