Cost of Living in Shallowater, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
116.8
100 = national avg
+16.8 vs national average
Living Wage (1 Adult)
$51,388
per year
Living Wage (Family of 4)
$121,462
per year
Cost Index by Category
Housing129.3
Food111.0
Transportation96.4
Healthcare108.8
Utilities112.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$990
per month
2 Bedroom
$1,175
per month
The overall cost of living index in Shallowater is 116.8, which is 16.8% above the national average. Housing costs are above the national average at an index of 129.3. A single adult needs to earn approximately $51,388 per year to cover basic expenses.