Cost of Living in Savoy, TX

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

Cost of Living Overview

Overall Index

97.0

100 = national avg

-3.0 vs national average

Living Wage (1 Adult)

$42,681

per year

Living Wage (Family of 4)

$100,883

per year

Cost Index by Category

Housing
101.4
Food
96.1
Transportation
92.1
Healthcare
96.9
Utilities
97.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$751

per month

2 Bedroom

$985

per month

The overall cost of living index in Savoy is 97.0, which is 3.0% below the national average. Housing costs are above the national average at an index of 101.4. A single adult needs to earn approximately $42,681 per year to cover basic expenses.