Cost of Living in Wells, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.4
100 = national avg
-12.6 vs national average
Living Wage (1 Adult)
$38,470
per year
Living Wage (Family of 4)
$90,930
per year
Cost Index by Category
Housing72.2
Food99.1
Transportation88.2
Healthcare99.3
Utilities93.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$756
per month
2 Bedroom
$984
per month
The overall cost of living index in Wells is 87.4, which is 12.6% below the national average. Housing costs are below the national average at an index of 72.2. A single adult needs to earn approximately $38,470 per year to cover basic expenses.