Cost of Living in Temple, TX

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

Cost of Living Overview

Overall Index

109.4

100 = national avg

+9.4 vs national average

Living Wage (1 Adult)

$48,157

per year

Living Wage (Family of 4)

$113,825

per year

Cost Index by Category

Housing
129.2
Food
99.6
Transportation
92.4
Healthcare
99.7
Utilities
105.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$990

per month

2 Bedroom

$1,233

per month

The overall cost of living index in Temple is 109.4, which is 9.4% above the national average. Housing costs are above the national average at an index of 129.2. A single adult needs to earn approximately $48,157 per year to cover basic expenses.