Cost of living in Burkburnett research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Burkburnett is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Burkburnett is 84, with 100 being the average.
The cost of living index in Burkburnett is 0.8x lower than the national average.
Burkburnett ranks as the #59 cheapest in Texas out of 414.
Burkburnett ranks as the #406 cheapest out of 6,489 in the US.
The median home value in Burkburnett is $181,269.
The median income in Burkburnett is $65,796.
According to the most recent data on the cost of living, Burkburnett has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Texas, Burkburnett has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Burkburnett ranks as #59 most affordable out of the 414 places we measured in Texas. By definition, that implies Burkburnett ranks as the #355 most expensive place in the Lone Star State.
For more reading on life in Burkburnett, check out:
Six factors go into calculating the cost of living index in Burkburnett. Here is how it fairs on each of the criteria:
The Services index in Burkburnett is 91.
The Groceries index in Burkburnett is 96.
The Health index in Burkburnett is 95.
The Housing index in Burkburnett is 63.
The Transportation index in Burkburnett is 92.
The Utilities index in Burkburnett is 97.
| Living Expense | Burkburnett | Texas | National Average | |
|---|---|---|---|---|
| Overall | 84 | 92 | 100 | |
| Services | 91 | 97 | 100 | |
| Groceries | 96 | 97 | 100 | |
| Health | 95 | 93 | 100 | |
| Housing | 63 | 82 | 100 | |
| Transportation | 92 | 94 | 100 | |
| Utilities | 97 | 104 | 100 | |
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Burkburnett is $181,269.
The Median Rent in Burkburnett is $953.
The Median Income in Burkburnett is $65,796.
The Home Value To Income in Burkburnett is 2.8x.
The Rent To Monthly Income in Burkburnett is 0.17x.
| Statistic | Burkburnett | Texas | United States |
|---|---|---|---|
| Median Home Value | $181,269 | $298,905 | $303,400 |
| Median Rent | $953 | $1,339 | $1,348 |
| Median Income | $65,796 | $76,292 | $78,538 |
| Home Value To Income | 2.8x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.21x | 0.21x |
| Item | Burkburnett | Texas |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $11.19 | $12.13 |
| Bowling | $16.67 | $18 |
| Haircut | $18.44 | $24.26 |
| Beauty Salon | $40.04 | $45.56 |
| Item | Burkburnett | Texas |
|---|---|---|
| Ground Beef | $6.1 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.54 | $4.67 |
| Potatoes | $4.93 | $4.93 |
| Pizza | $12.1 | $12.09 |
| Beer | $9.83 | $10.41 |
| Toothpaste | $3.53 | $3.7 |
| Item | Burkburnett | Texas |
|---|---|---|
| Optometrist | $119.3 | $125.68 |
| Doctor | $100.35 | $135.78 |
| Dentist | $102.46 | $113.29 |
| Item | Burkburnett | Texas |
|---|---|---|
| Gasoline | $3.1 | $3.46 |
| Tire Balancing | $62.19 | $59.92 |
| Item | Burkburnett | Texas |
|---|---|---|
| All Electricity | $182.99 | $193.99 |
| Phone | $193.02 | $192.25 |
The cost of living varies in the cities and towns around Burkburnett. Here's a quick look at the cost of living in the most populous nearby places:
Wichita Falls, TX has a cost of living index of 86, 1.0x Burkburnett.
Lawton, OK has a cost of living index of 84, 1.0x Burkburnett.
Duncan, OK has a cost of living index of 84, 1.0x Burkburnett.
| City | Population | Cost Of Living | Vs. Burkburnett |
|---|---|---|---|
| Wichita Falls, TX | 102,558 | 86 | 1.0x |
| Lawton, OK | 90,662 | 84 | 1.0x |
| Duncan, OK | 22,872 | 84 | 1.0x |
| Lakeside, VA | 12,845 | 104 | 1.2x |
| Vernon, TX | 9,947 | 81 | 1.0x |
| Iowa Park, TX | 6,574 | 83 | 1.0x |