Wake Village, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
Wake Village's Overall Cost Of Living
Lower Than The National Average
96 out of 405
In Texas
491 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Wake Village is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Wake Village, TX?

According to the most recent data on the cost of living, Wake Village has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.

Compared to only Texas, Wake Village has a cost of living index that's 0.9x lower than Texas's index of 94.

The standard of living in Wake Village ranks as #491 most affordable out of the 6,418 places we measured in Texas. By definition, that implies Wake Village ranks as the #5,927 most expensive place in the Lone Star State.

For more reading on life in Wake Village, check out:

Wake Village Cost Of Living Vs. Texas

Living Expense Wake Village Texas National Average
Overall 83 94 100
Services 97 98 100
Groceries 97 89 100
Health 91 95 100
Housing 65 83 100
Transportation 78 89 100
Utilities 89 101 100
For more reading on cost of living around Texas, check out:
Wake Village Cost of Living Vs. TX

Wake Village, TX Housing Cost Breakdown

Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Wake Village Texas United States
Median Home Value $134,300 $187,200 $229,800
Median Rent $738 $1,082 $1,096
Median Income $60,016 $63,826 $64,994
Home Value To Income 2.2x 2.9x 3.5x
Rent To Monthly Income 0.15x 0.2x 0.2x

Detailed Wake Village Services Costs Vs. Texas

Item Wake Village Texas
Shampoo $0.99 $1.06
Movie $8.49 $10.68
Bowling $12.33 $14.67

Detailed Wake Village Groceries Costs Vs. Texas

Item Wake Village Texas
Ground Beef $3.89 $4.22
Fried Chicken $1.02 $1.39
Milk $2.03 $2.05

Detailed Wake Village Health Costs Vs. Texas

Item Wake Village Texas
Haircut $14.67 $18.62
Beauty Salon $36.25 $39.05
Toothpaste $2.61 $2.34

Detailed Wake Village Transportation Costs Vs. Texas

Item Wake Village Texas
Potatoes $2.98 $3.29
Pizza $10.89 $10.62
Beer $9.26 $9.38
Optometrist $74.64 $108.57
Doctor $104.5 $116.17
Dentist $91.3 $99.13

Detailed Wake Village Utilities Costs Vs. Texas

Item Wake Village Texas
Gasoline $1.78 $2.22
Tire Balancing $37.89 $50.07
All Electricity $131.55 $167.67
Phone $184.73 $175.64

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