Cost of Living in Thompsons, TX

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

Cost of Living Overview

Overall Index

107.3

100 = national avg

+7.3 vs national average

Living Wage (1 Adult)

$47,212

per year

Living Wage (Family of 4)

$111,593

per year

Cost Index by Category

Housing
134.3
Food
93.9
Transportation
87.9
Healthcare
95.2
Utilities
103.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,323

per month

2 Bedroom

$1,573

per month

The overall cost of living index in Thompsons is 107.3, which is 7.3% above the national average. Housing costs are above the national average at an index of 134.3. A single adult needs to earn approximately $47,212 per year to cover basic expenses.