Cost of Living in The Homesteads, TX

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

Cost of Living Overview

Overall Index

97.5

100 = national avg

-2.5 vs national average

Living Wage (1 Adult)

$42,900

per year

Living Wage (Family of 4)

$101,401

per year

Cost Index by Category

Housing
95.8
Food
98.9
Transportation
97.9
Healthcare
99.2
Utilities
98.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,473

per month

2 Bedroom

$1,723

per month

The overall cost of living index in The Homesteads is 97.5, which is 2.5% below the national average. Housing costs are below the national average at an index of 95.8. A single adult needs to earn approximately $42,900 per year to cover basic expenses.