Cost of Living in Payne Springs, TX

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

Cost of Living Overview

Overall Index

87.4

100 = national avg

-12.6 vs national average

Living Wage (1 Adult)

$38,455

per year

Living Wage (Family of 4)

$90,895

per year

Cost Index by Category

Housing
107.4
Food
82.7
Transportation
65.5
Healthcare
86.2
Utilities
91.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$830

per month

2 Bedroom

$1,009

per month

The overall cost of living index in Payne Springs is 87.4, which is 12.6% below the national average. Housing costs are above the national average at an index of 107.4. A single adult needs to earn approximately $38,455 per year to cover basic expenses.