Cost of Living in Sheffield, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.7
100 = national avg
+12.7 vs national average
Living Wage (1 Adult)
$49,577
per year
Living Wage (Family of 4)
$117,182
per year
Cost Index by Category
Housing114.9
Food108.0
Transportation116.1
Healthcare106.4
Utilities107.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$888
per month
2 Bedroom
$973
per month
The overall cost of living index in Sheffield is 112.7, which is 12.7% above the national average. Housing costs are above the national average at an index of 114.9. A single adult needs to earn approximately $49,577 per year to cover basic expenses.