Cost of Living in Scotland, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
100.4
100 = national avg
+0.4 vs national average
Living Wage (1 Adult)
$44,190
per year
Living Wage (Family of 4)
$104,449
per year
Cost Index by Category
Housing87.1
Food109.2
Transportation98.5
Healthcare107.4
Utilities103.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$925
per month
2 Bedroom
$1,136
per month
The overall cost of living index in Scotland is 100.4, which is 0.4% above the national average. Housing costs are below the national average at an index of 87.1. A single adult needs to earn approximately $44,190 per year to cover basic expenses.