Cost of Living in Menard, TX

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

Cost of Living Overview

Overall Index

72.0

100 = national avg

-28.0 vs national average

Living Wage (1 Adult)

$31,668

per year

Living Wage (Family of 4)

$74,851

per year

Cost Index by Category

Housing
62.3
Food
83.0
Transportation
72.9
Healthcare
86.4
Utilities
82.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$778

per month

2 Bedroom

$973

per month

The overall cost of living index in Menard is 72.0, which is 28.0% below the national average. Housing costs are below the national average at an index of 62.3. A single adult needs to earn approximately $31,668 per year to cover basic expenses.