Cost of Living in Palacios, TX

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

Cost of Living Overview

Overall Index

98.0

100 = national avg

-2.0 vs national average

Living Wage (1 Adult)

$43,110

per year

Living Wage (Family of 4)

$101,896

per year

Cost Index by Category

Housing
103.4
Food
96.3
Transportation
92.7
Healthcare
97.1
Utilities
98.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$960

per month

2 Bedroom

$1,173

per month

The overall cost of living index in Palacios is 98.0, which is 2.0% below the national average. Housing costs are above the national average at an index of 103.4. A single adult needs to earn approximately $43,110 per year to cover basic expenses.