Cost of Living in Myrtle Springs, TX

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

Cost of Living Overview

Overall Index

162.2

100 = national avg

+62.2 vs national average

Living Wage (1 Adult)

$71,361

per year

Living Wage (Family of 4)

$168,672

per year

Cost Index by Category

Housing
173.6
Utilities
122.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$844

per month

2 Bedroom

$1,108

per month

The overall cost of living index in Myrtle Springs is 162.2, which is 62.2% above the national average. Housing costs are above the national average at an index of 173.6. A single adult needs to earn approximately $71,361 per year to cover basic expenses.