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 92, which is 0.9x lower than the national index of 100.
Compared to Texas, Wake Village has a cost of living index that's 1.0x lower than Texas's index of 93.
The standard of living in Wake Village ranks as #147 most affordable out of the 419 places we measured in Texas. By definition, that implies Wake Village ranks as the #272 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
Six factors go into calculating the cost of living index in Wake Village. Here is how it fares on each of the criteria:
The Services index in Wake Village is 101.
The Groceries index in Wake Village is 97.
The Health index in Wake Village is 73.
The Housing index in Wake Village is 99.
The Transportation index in Wake Village is 105.
The Utilities index in Wake Village is 100.
| Living Expense | Wake Village | Texas | National Average |
|---|---|---|---|
| Overall | 92 | 93 | 100 |
| Services | 101 | 100 | 100 |
| Groceries | 97 | 99 | 100 |
| Health | 73 | 81 | 100 |
| Housing | 99 | 97 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 100 | 100 | 100 |
Wake Village Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Wake Village Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Wake Village, TX Housing Cost Breakdown
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 2020-2024. The key points are:
The Median Home Value in Wake Village is $202,775.
The Median Rent in Wake Village is $989.
The Median Income in Wake Village is $71,574.
The Home Value To Income in Wake Village is 2.8x.
The Rent To Monthly Income in Wake Village is 0.17x.
| Statistic | Wake Village | Texas | United States |
|---|---|---|---|
| Median Home Value | $202,775 | $300,957 | $332,700 |
| Median Rent | $989 | $1,403 | $1,413 |
| Median Income | $71,574 | $78,476 | $80,734 |
| Home Value To Income | 2.8x | 3.8x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.21x | 0.21x |
Wake Village, TX Costs By Category
Detailed Wake Village Services costs vs. Texas
| Item | Wake Village | Texas |
|---|---|---|
| Shampoo | $1.13 | $1.28 |
| Movie | $13.4 | $12.13 |
| Bowling | $13.33 | $18 |
| Haircut | $20.94 | $24.26 |
| Beauty Salon | $41.39 | $45.56 |
Detailed Wake Village Groceries costs vs. Texas
| Item | Wake Village | Texas |
|---|---|---|
| Ground Beef | $6.18 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.53 | $4.67 |
| Potatoes | $5.08 | $4.93 |
| Pizza | $9.9 | $12.09 |
| Beer | $9.71 | $10.41 |
| Toothpaste | $3.19 | $3.7 |
Detailed Wake Village Health costs vs. Texas
| Item | Wake Village | Texas |
|---|---|---|
| Optometrist | $135.11 | $125.68 |
| Doctor | $90.67 | $135.78 |
| Dentist | $154.5 | $113.29 |
Detailed Wake Village Transportation costs vs. Texas
| Item | Wake Village | Texas |
|---|---|---|
| Gasoline | $3.1 | $3.46 |
| Tire Balancing | $67.93 | $59.92 |
Detailed Wake Village Utilities costs vs. Texas
| Item | Wake Village | Texas |
|---|---|---|
| All Electricity | $164.18 | $193.99 |
| Phone | $186.9 | $192.25 |
