Cost of Living in Shepherd, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.4
100 = national avg
-21.6 vs national average
Living Wage (1 Adult)
$34,485
per year
Living Wage (Family of 4)
$81,509
per year
Cost Index by Category
Housing72.9
Food87.0
Transportation73.9
Healthcare89.6
Utilities86.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,048
per month
2 Bedroom
$1,149
per month
The overall cost of living index in Shepherd is 78.4, which is 21.6% below the national average. Housing costs are below the national average at an index of 72.9. A single adult needs to earn approximately $34,485 per year to cover basic expenses.