Cost of living in Wharton 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 Wharton 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 Wharton is 86, with 100 being the average.
The cost of living index in Wharton is 0.9x lower than the national average.
Wharton ranks as the #78 cheapest in Texas out of 414.
Wharton ranks as the #639 cheapest out of 6,489 in the US.
The median home value in Wharton is $209,853.
The median income in Wharton is $47,692.
According to the most recent data on the cost of living, Wharton has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Texas, Wharton has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Wharton ranks as #78 most affordable out of the 414 places we measured in Texas. By definition, that implies Wharton ranks as the #336 most expensive place in the Lone Star State.
For more reading on life in Wharton, check out:
Six factors go into calculating the cost of living index in Wharton. Here is how it fairs on each of the criteria:
The Services index in Wharton is 102.
The Groceries index in Wharton is 99.
The Health index in Wharton is 96.
The Housing index in Wharton is 58.
The Transportation index in Wharton is 89.
The Utilities index in Wharton is 105.
| Living Expense | Wharton | Texas | National Average | |
|---|---|---|---|---|
| Overall | 86 | 92 | 100 | |
| Services | 102 | 97 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 96 | 93 | 100 | |
| Housing | 58 | 82 | 100 | |
| Transportation | 89 | 94 | 100 | |
| Utilities | 105 | 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 Wharton is $209,853.
The Median Rent in Wharton is $993.
The Median Income in Wharton is $47,692.
The Home Value To Income in Wharton is 4.4x.
The Rent To Monthly Income in Wharton is 0.25x.
The cost of living varies in the cities and towns around Wharton. Here's a quick look at the cost of living in the most populous nearby places:
Sugar Land, TX has a cost of living index of 122, 1.4x Wharton.
Mission Bend, TX has a cost of living index of 103, 1.2x Wharton.
Fresno, TX has a cost of living index of 107, 1.2x Wharton.
| City | Population | Cost Of Living | Vs. Wharton |
|---|---|---|---|
| Sugar Land, TX | 109,735 | 122 | 1.4x |
| Mission Bend, TX | 37,280 | 103 | 1.2x |
| Fresno, TX | 24,087 | 107 | 1.2x |
| Cinco Ranch, TX | 19,139 | 126 | 1.5x |
| Bellaire, TX | 17,116 | 185 | 2.2x |
| West University Place, TX | 14,907 | 225 | 2.6x |
| El Campo, TX | 12,220 | 94 | 1.1x |
| Four Corners, TX | 11,490 | 106 | 1.2x |