Cost of Living in Timberwood Park, TX

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

Cost of Living Overview

Overall Index

210.0

100 = national avg

+110.0 vs national average

Living Wage (1 Adult)

$92,379

per year

Living Wage (Family of 4)

$218,350

per year

Cost Index by Category

Housing
246.3
Food
162.7
Transportation
225.4
Healthcare
150.2
Utilities
166.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,177

per month

2 Bedroom

$1,426

per month

The overall cost of living index in Timberwood Park is 210.0, which is 110.0% above the national average. Housing costs are above the national average at an index of 246.3. A single adult needs to earn approximately $92,379 per year to cover basic expenses.