Cost of Living in Tool, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.4
100 = national avg
+13.4 vs national average
Living Wage (1 Adult)
$49,908
per year
Living Wage (Family of 4)
$117,965
per year
Cost Index by Category
Housing108.3
Food105.0
Transportation149.4
Healthcare104.0
Utilities104.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$830
per month
2 Bedroom
$1,009
per month
The overall cost of living index in Tool is 113.4, which is 13.4% above the national average. Housing costs are above the national average at an index of 108.3. A single adult needs to earn approximately $49,908 per year to cover basic expenses.