Wolfforth, TX Cost Of Living
Cost Of Living In Wolfforth, TX Summary
Cost of living in Wolfforth 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 Wolfforth 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 Wolfforth is 92, with 100 being the average.
The cost of living index in Wolfforth is 0.9x lower than the national average.
Wolfforth ranks as the #239 cheapest in Texas out of 405.
Wolfforth ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Wolfforth is $211,400.
The median income in Wolfforth is $82,063.
Table Of Contents
Wolfforth's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Wolfforth, TX?
According to the most recent data on the cost of living, Wolfforth has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Texas, Wolfforth has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Wolfforth ranks as #239 most affordable out of the 405 places we measured in Texas. By definition, that implies Wolfforth ranks as the #166 most expensive place in the Lone Star State.
For more reading on life in Wolfforth, check out:
- Living In Wolfforth
- Wolfforth Crime Report
- Search Homes For Sale In Wolfforth, TX
In Texas
In America
Wolfforth Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Wolfforth. Here is how it fairs on each of the criteria:
The Services index in Wolfforth is 96.
The Groceries index in Wolfforth is 94.
The Health index in Wolfforth is 101.
The Housing index in Wolfforth is 89.
The Transportation index in Wolfforth is 85.
The Utilities index in Wolfforth is 89.
| Living Expense | Wolfforth | Texas | National Average | |
|---|---|---|---|---|
| Overall | 92 | 92 | 100 | |
| Services | 96 | 96 | 100 | |
| Groceries | 94 | 93 | 100 | |
| Health | 101 | 93 | 100 | |
| Housing | 89 | 84 | 100 | |
| Transportation | 85 | 92 | 100 | |
| Utilities | 89 | 104 | 100 | |
Wolfforth, 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 2017-2021. The key points are:
The Median Home Value in Wolfforth is $211,400.
The Median Rent in Wolfforth is $1,183.
The Median Income in Wolfforth is $82,063.
The Home Value To Income in Wolfforth is 2.6x.
The Rent To Monthly Income in Wolfforth is 0.17x.
| Statistic | Wolfforth | Texas | United States |
|---|---|---|---|
| Median Home Value | $211,400 | $202,600 | $244,900 |
| Median Rent | $1,183 | $1,146 | $1,163 |
| Median Income | $82,063 | $67,321 | $69,021 |
| Home Value To Income | 2.6x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Wolfforth, TX Costs By Category
Detailed Wolfforth Services Costs Vs. Texas
Detailed Wolfforth Groceries Costs Vs. Texas
Detailed Wolfforth Health Costs Vs. Texas
Detailed Wolfforth Transportation Costs Vs. Texas
Detailed Wolfforth Utilities Costs Vs. Texas
Wolfforth SnackAbility
/10
Cost Of Living In Cities Around Wolfforth
The cost of living varies in the cities and towns around Wolfforth. Here's a quick look at the cost of living in the most populous nearby places:
Lubbock, TX has a cost of living index of 89, 1.0x Wolfforth.
Plainview, TX has a cost of living index of 81, 0.9x Wolfforth.
Levelland, TX has a cost of living index of 83, 0.9x Wolfforth.
| City | Population | Cost Of Living | Vs. Wolfforth |
|---|---|---|---|
| Lubbock, TX | 255,537 | 89 | 1.0x |
| Plainview, TX | 20,180 | 81 | 0.9x |
| Levelland, TX | 12,854 | 83 | 0.9x |
