Cost of Living in New Ulm, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
174.2
100 = national avg
+74.2 vs national average
Living Wage (1 Adult)
$76,631
per year
Living Wage (Family of 4)
$181,128
per year
Cost Index by Category
Housing245.9
Food118.0
Transportation163.6
Healthcare114.4
Utilities140.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$891
per month
2 Bedroom
$1,095
per month
The overall cost of living index in New Ulm is 174.2, which is 74.2% above the national average. Housing costs are above the national average at an index of 245.9. A single adult needs to earn approximately $76,631 per year to cover basic expenses.