Cost of living in Wylie 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 Wylie 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 Wylie is 122, with 100 being the average.
The cost of living index in Wylie is 1.2x higher than the national average.
Wylie ranks as the #360 cheapest in Texas out of 414.
Wylie ranks as the #4,541 cheapest out of 6,489 in the US.
The median home value in Wylie is $424,145.
The median income in Wylie is $113,661.
According to the most recent data on the cost of living, Wylie has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Texas, Wylie has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Wylie ranks as #360 most affordable out of the 414 places we measured in Texas. By definition, that implies Wylie ranks as the #54 most expensive place in the Lone Star State.
For more reading on life in Wylie, check out:
Six factors go into calculating the cost of living index in Wylie. Here is how it fairs on each of the criteria:
The Services index in Wylie is 122.
The Groceries index in Wylie is 97.
The Health index in Wylie is 111.
The Housing index in Wylie is 144.
The Transportation index in Wylie is 92.
The Utilities index in Wylie is 116.
| Living Expense | Wylie | Texas | National Average | |
|---|---|---|---|---|
| Overall | 122 | 92 | 100 | |
| Services | 122 | 97 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 111 | 93 | 100 | |
| Housing | 144 | 82 | 100 | |
| Transportation | 92 | 94 | 100 | |
| Utilities | 116 | 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 Wylie is $424,145.
The Median Rent in Wylie is $1,985.
The Median Income in Wylie is $113,661.
The Home Value To Income in Wylie is 3.7x.
The Rent To Monthly Income in Wylie is 0.21x.
The cost of living varies in the cities and towns around Wylie. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 129, 1.1x Wylie.
Garland, TX has a cost of living index of 110, 0.9x Wylie.
Frisco, TX has a cost of living index of 139, 1.1x Wylie.
| City | Population | Cost Of Living | Vs. Wylie |
|---|---|---|---|
| Plano, TX | 287,339 | 129 | 1.1x |
| Garland, TX | 245,298 | 110 | 0.9x |
| Frisco, TX | 210,238 | 139 | 1.1x |
| McKinney, TX | 202,314 | 130 | 1.1x |
| Richardson, TX | 118,269 | 123 | 1.0x |
| Allen, TX | 107,684 | 129 | 1.1x |
| Rowlett, TX | 64,139 | 121 | 1.0x |
| Rockwall, TX | 49,605 | 121 | 1.0x |
| Sachse, TX | 29,075 | 122 | 1.0x |
| Murphy, TX | 21,001 | 143 | 1.2x |