Cost of Living in Reid Hope King, TX

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

Cost of Living Overview

Overall Index

94.9

100 = national avg

-5.1 vs national average

Living Wage (1 Adult)

$41,775

per year

Living Wage (Family of 4)

$98,741

per year

Cost Index by Category

Housing
55.7
Food
117.7
Transportation
106.0
Healthcare
114.1
Utilities
101.7

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 Reid Hope King is 94.9, which is 5.1% below the national average. Housing costs are below the national average at an index of 55.7. A single adult needs to earn approximately $41,775 per year to cover basic expenses.