Cost of Living in South Point, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
54.3
100 = national avg
-45.7 vs national average
Living Wage (1 Adult)
$23,882
per year
Living Wage (Family of 4)
$56,449
per year
Cost Index by Category
Housing45.9
Utilities83.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$866
per month
2 Bedroom
$1,047
per month
The overall cost of living index in South Point is 54.3, which is 45.7% below the national average. Housing costs are below the national average at an index of 45.9. A single adult needs to earn approximately $23,882 per year to cover basic expenses.