Cost of Living in Paloma Creek, TX

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

Cost of Living Overview

Overall Index

171.8

100 = national avg

+71.8 vs national average

Living Wage (1 Adult)

$75,594

per year

Living Wage (Family of 4)

$178,677

per year

Cost Index by Category

Housing
255.2
Food
117.9
Transportation
125.4
Healthcare
114.3
Utilities
141.8

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 Paloma Creek is 171.8, which is 71.8% above the national average. Housing costs are above the national average at an index of 255.2. A single adult needs to earn approximately $75,594 per year to cover basic expenses.