Cost of Living in Skidmore, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.1
100 = national avg
-29.9 vs national average
Living Wage (1 Adult)
$30,830
per year
Living Wage (Family of 4)
$72,872
per year
Cost Index by Category
Housing72.3
Food77.9
Transportation55.8
Healthcare82.3
Utilities81.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$903
per month
2 Bedroom
$1,185
per month
The overall cost of living index in Skidmore is 70.1, which is 29.9% below the national average. Housing costs are below the national average at an index of 72.3. A single adult needs to earn approximately $30,830 per year to cover basic expenses.