Wylie, TX Cost Of Living
Cost Of Living In Wylie, TX Summary
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 104, with 100 being the average.
The cost of living index in Wylie is 1.0x higher than the national average.
Wylie ranks as the #342 cheapest in Texas out of 405.
Wylie ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Wylie is $267,800.
The median income in Wylie is $98,994.
Table Of Contents
Wylie's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wylie, TX?
According to the most recent data on the cost of living, Wylie has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Texas, Wylie has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Wylie ranks as #342 most affordable out of the 405 places we measured in Texas. By definition, that implies Wylie ranks as the #63 most expensive place in the Lone Star State.
For more reading on life in Wylie, check out:
- Living In Wylie
- Wylie Crime Report
- Search Homes For Sale In Wylie, TX
In Texas
In America
Wylie Cost Of Living Vs. Texas
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 110.
The Groceries index in Wylie is 97.
The Health index in Wylie is 77.
The Housing index in Wylie is 103.
The Transportation index in Wylie is 98.
The Utilities index in Wylie is 109.
| Living Expense | Wylie | Texas | National Average | |
|---|---|---|---|---|
| Overall | 104 | 92 | 100 | |
| Services | 110 | 96 | 100 | |
| Groceries | 97 | 93 | 100 | |
| Health | 77 | 93 | 100 | |
| Housing | 103 | 84 | 100 | |
| Transportation | 98 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Wylie, 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 Wylie is $267,800.
The Median Rent in Wylie is $1,733.
The Median Income in Wylie is $98,994.
The Home Value To Income in Wylie is 2.7x.
The Rent To Monthly Income in Wylie is 0.21x.
| Statistic | Wylie | Texas | United States |
|---|---|---|---|
| Median Home Value | $267,800 | $202,600 | $244,900 |
| Median Rent | $1,733 | $1,146 | $1,163 |
| Median Income | $98,994 | $67,321 | $69,021 |
| Home Value To Income | 2.7x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Wylie, TX Costs By Category
Detailed Wylie Services Costs Vs. Texas
Detailed Wylie Groceries Costs Vs. Texas
Detailed Wylie Health Costs Vs. Texas
Detailed Wylie Transportation Costs Vs. Texas
Detailed Wylie Utilities Costs Vs. Texas
Wylie SnackAbility
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Cost Of Living In Cities Around Wylie
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 114, 1.1x Wylie.
Garland, TX has a cost of living index of 97, 0.9x Wylie.
Frisco, TX has a cost of living index of 120, 1.2x Wylie.
| City | Population | Cost Of Living | Vs. Wylie |
|---|---|---|---|
| Plano, TX | 282,181 | 114 | 1.1x |
| Garland, TX | 245,075 | 97 | 0.9x |
| Frisco, TX | 193,140 | 120 | 1.2x |
| McKinney, TX | 189,394 | 112 | 1.1x |
| Richardson, TX | 115,904 | 110 | 1.1x |
| Allen, TX | 102,778 | 110 | 1.1x |
| Rowlett, TX | 62,606 | 105 | 1.0x |
| Rockwall, TX | 46,150 | 108 | 1.0x |
| Sachse, TX | 26,797 | 106 | 1.0x |
| Murphy, TX | 20,655 | 127 | 1.2x |
