Cost of Living in Terrell, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.5
100 = national avg
+8.5 vs national average
Living Wage (1 Adult)
$47,739
per year
Living Wage (Family of 4)
$112,837
per year
Cost Index by Category
Housing123.6
Food98.8
Transportation103.3
Healthcare99.0
Utilities104.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Terrell is 108.5, which is 8.5% above the national average. Housing costs are above the national average at an index of 123.6. A single adult needs to earn approximately $47,739 per year to cover basic expenses.