Cost of Living in Paradise, TX

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

Cost of Living Overview

Overall Index

112.9

100 = national avg

+12.9 vs national average

Living Wage (1 Adult)

$49,658

per year

Living Wage (Family of 4)

$117,374

per year

Cost Index by Category

Housing
136.5
Food
99.3
Transportation
98.5
Healthcare
99.4
Utilities
106.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$918

per month

2 Bedroom

$1,205

per month

The overall cost of living index in Paradise is 112.9, which is 12.9% above the national average. Housing costs are above the national average at an index of 136.5. A single adult needs to earn approximately $49,658 per year to cover basic expenses.