Wharton, TX Cost Of Living
Cost Of Living In Wharton, TX Summary
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 87, with 100 being the average.
The cost of living index in Wharton is 0.9x lower than the national average.
Wharton ranks as the #165 cheapest in Texas out of 405.
Wharton ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Wharton is $107,000.
The median income in Wharton is $42,555.
Table Of Contents
Wharton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Wharton, TX?
According to the most recent data on the cost of living, Wharton has an overall cost of living index of 87, 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 #165 most affordable out of the 405 places we measured in Texas. By definition, that implies Wharton ranks as the #240 most expensive place in the Lone Star State.
For more reading on life in Wharton, check out:
- Living In Wharton
- Wharton Crime Report
- Search Homes For Sale In Wharton, TX
In Texas
In America
Wharton Cost Of Living Vs. Texas
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 101.
The Groceries index in Wharton is 94.
The Health index in Wharton is 98.
The Housing index in Wharton is 51.
The Transportation index in Wharton is 95.
The Utilities index in Wharton is 109.
| Living Expense | Wharton | Texas | National Average | |
|---|---|---|---|---|
| Overall | 87 | 92 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 94 | 93 | 100 | |
| Health | 98 | 93 | 100 | |
| Housing | 51 | 84 | 100 | |
| Transportation | 95 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Wharton, 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 Wharton is $107,000.
The Median Rent in Wharton is $852.
The Median Income in Wharton is $42,555.
The Home Value To Income in Wharton is 2.5x.
The Rent To Monthly Income in Wharton is 0.24x.
| Statistic | Wharton | Texas | United States |
|---|---|---|---|
| Median Home Value | $107,000 | $202,600 | $244,900 |
| Median Rent | $852 | $1,146 | $1,163 |
| Median Income | $42,555 | $67,321 | $69,021 |
| Home Value To Income | 2.5x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Wharton, TX Costs By Category
Detailed Wharton Services Costs Vs. Texas
Detailed Wharton Groceries Costs Vs. Texas
Detailed Wharton Health Costs Vs. Texas
Detailed Wharton Transportation Costs Vs. Texas
Detailed Wharton Utilities Costs Vs. Texas
Wharton SnackAbility
/10
Cost Of Living In Cities Around Wharton
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 117, 1.3x Wharton.
Mission Bend, TX has a cost of living index of 97, 1.1x Wharton.
Fresno, TX has a cost of living index of 96, 1.1x Wharton.
| City | Population | Cost Of Living | Vs. Wharton |
|---|---|---|---|
| Sugar Land, TX | 110,272 | 117 | 1.3x |
| Mission Bend, TX | 38,772 | 97 | 1.1x |
| Fresno, TX | 23,921 | 96 | 1.1x |
| Cinco Ranch, TX | 18,399 | 119 | 1.4x |
| Bellaire, TX | 17,262 | 173 | 2.0x |
| West University Place, TX | 14,975 | 195 | 2.2x |
| El Campo, TX | 12,280 | 89 | 1.0x |
| Four Corners, TX | 11,133 | 101 | 1.2x |
