Cost of Living in Red Oak, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
152.7
100 = national avg
+52.7 vs national average
Living Wage (1 Adult)
$67,194
per year
Living Wage (Family of 4)
$158,822
per year
Cost Index by Category
Housing179.2
Food129.6
Transportation139.6
Healthcare123.7
Utilities133.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Red Oak is 152.7, which is 52.7% above the national average. Housing costs are above the national average at an index of 179.2. A single adult needs to earn approximately $67,194 per year to cover basic expenses.