Cost of Living in New Summerfield, 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)
$40,629
per year
Living Wage (Family of 4)
$96,031
per year
Cost Index by Category
Housing76.7
Food101.1
Transportation102.1
Healthcare100.9
Utilities96.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$756
per month
2 Bedroom
$984
per month
The overall cost of living index in New Summerfield is 92.3, which is 7.7% below the national average. Housing costs are below the national average at an index of 76.7. A single adult needs to earn approximately $40,629 per year to cover basic expenses.