Cost of Living in Milam, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.2
100 = national avg
-24.8 vs national average
Living Wage (1 Adult)
$33,102
per year
Living Wage (Family of 4)
$78,240
per year
Cost Index by Category
Housing68.4
Food85.3
Transportation70.6
Healthcare88.2
Utilities84.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Milam is 75.2, which is 24.8% below the national average. Housing costs are below the national average at an index of 68.4. A single adult needs to earn approximately $33,102 per year to cover basic expenses.