Wake Village, TX Cost Of Living
Wake Village's Overall Cost Of Living
Lower Than The National Average
In Texas
In America
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.
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 | |
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 |
Wake Village SnackAbility
/10
