Cost of Living in Merkel, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.3
100 = national avg
-7.7 vs national average
Living Wage (1 Adult)
$40,631
per year
Living Wage (Family of 4)
$96,038
per year
Cost Index by Category
Housing84.9
Food97.7
Transportation95.3
Healthcare98.1
Utilities95.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,020
per month
2 Bedroom
$1,276
per month
The overall cost of living index in Merkel is 92.3, which is 7.7% below the national average. Housing costs are below the national average at an index of 84.9. A single adult needs to earn approximately $40,631 per year to cover basic expenses.