Cost Of Living 2024 Increase Texas. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. Food expenses increase to $9,856 annually or $821.33 monthly.

Texas more than doubles the rest of the nation’s population growth rate at 16%. Salary.com’s cost of living calculator lets you compare the cost of living.