Cost of Living in Sheldon, TX

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

Cost of Living Overview

Overall Index

111.5

100 = national avg

+11.5 vs national average

Living Wage (1 Adult)

$49,064

per year

Living Wage (Family of 4)

$115,971

per year

Cost Index by Category

Housing
117.3
Food
105.7
Transportation
111.5
Healthcare
104.6
Utilities
106.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,323

per month

2 Bedroom

$1,573

per month

The overall cost of living index in Sheldon is 111.5, which is 11.5% above the national average. Housing costs are above the national average at an index of 117.3. A single adult needs to earn approximately $49,064 per year to cover basic expenses.