Cost of Living in Oak Point, TX

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

Cost of Living Overview

Overall Index

173.2

100 = national avg

+73.2 vs national average

Living Wage (1 Adult)

$76,197

per year

Living Wage (Family of 4)

$180,102

per year

Cost Index by Category

Housing
236.0
Food
133.7
Transportation
119.7
Healthcare
127.0
Utilities
147.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,648

per month

2 Bedroom

$1,931

per month

The overall cost of living index in Oak Point is 173.2, which is 73.2% above the national average. Housing costs are above the national average at an index of 236.0. A single adult needs to earn approximately $76,197 per year to cover basic expenses.