Cost of Living in Roanoke, TX

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

Cost of Living Overview

Overall Index

171.5

100 = national avg

+71.5 vs national average

Living Wage (1 Adult)

$75,453

per year

Living Wage (Family of 4)

$178,344

per year

Cost Index by Category

Housing
227.8
Food
127.2
Transportation
154.4
Healthcare
121.7
Utilities
141.9

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 Roanoke is 171.5, which is 71.5% above the national average. Housing costs are above the national average at an index of 227.8. A single adult needs to earn approximately $75,453 per year to cover basic expenses.