Cost of Living in Palm Valley, TX

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

Cost of Living Overview

Overall Index

128.6

100 = national avg

+28.6 vs national average

Living Wage (1 Adult)

$56,580

per year

Living Wage (Family of 4)

$133,735

per year

Cost Index by Category

Housing
142.1
Food
120.3
Transportation
106.8
Healthcare
116.3
Utilities
120.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$866

per month

2 Bedroom

$1,047

per month

The overall cost of living index in Palm Valley is 128.6, which is 28.6% above the national average. Housing costs are above the national average at an index of 142.1. A single adult needs to earn approximately $56,580 per year to cover basic expenses.