Cost of living in Willow Park 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 Willow Park 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 Willow Park is 106, with 100 being the average.
The cost of living index in Willow Park is 1.1x higher than the national average.
Willow Park ranks as the #350 cheapest in Texas out of 405.
Willow Park ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Willow Park is $269,500.
The median income in Willow Park is $101,285.
According to the most recent data on the cost of living, Willow Park has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Texas, Willow Park has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Willow Park ranks as #350 most affordable out of the 405 places we measured in Texas. By definition, that implies Willow Park ranks as the #55 most expensive place in the Lone Star State.
For more reading on life in Willow Park, check out:
Six factors go into calculating the cost of living index in Willow Park. Here is how it fairs on each of the criteria:
The Services index in Willow Park is 101.
The Groceries index in Willow Park is 96.
The Health index in Willow Park is 100.
The Housing index in Willow Park is 116.
The Transportation index in Willow Park is 88.
The Utilities index in Willow Park is 105.
Living Expense | Willow Park | Texas | National Average | |
---|---|---|---|---|
Overall | 106 | 92 | 100 | |
Services | 101 | 96 | 100 | |
Groceries | 96 | 93 | 100 | |
Health | 100 | 93 | 100 | |
Housing | 116 | 84 | 100 | |
Transportation | 88 | 92 | 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 2017-2021. The key points are:
The Median Home Value in Willow Park is $269,500.
The Median Rent in Willow Park is $2,129.
The Median Income in Willow Park is $101,285.
The Home Value To Income in Willow Park is 2.7x.
The Rent To Monthly Income in Willow Park is 0.25x.
Statistic | Willow Park | Texas | United States |
---|---|---|---|
Median Home Value | $269,500 | $202,600 | $244,900 |
Median Rent | $2,129 | $1,146 | $1,163 |
Median Income | $101,285 | $67,321 | $69,021 |
Home Value To Income | 2.7x | 3.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Item | Willow Park | Texas |
---|---|---|
Shampoo | $0.99 | $1.06 |
Movie | $10.24 | $10.68 |
Bowling | $18.08 | $14.67 |
Haircut | $27.56 | $18.62 |
Beauty Salon | $53.57 | $39.05 |
Item | Willow Park | Texas |
---|---|---|
Ground Beef | $5.2 | $4.22 |
Fried Chicken | $1.87 | $1.39 |
Milk | $1.92 | $2.05 |
Potatoes | $2.67 | $3.29 |
Pizza | $9.31 | $10.62 |
Beer | $9.8 | $9.38 |
Toothpaste | $2.7 | $2.34 |
Item | Willow Park | Texas |
---|---|---|
Optometrist | $92.25 | $108.57 |
Doctor | $91.05 | $116.17 |
Dentist | $108.33 | $99.13 |
Item | Willow Park | Texas |
---|---|---|
Gasoline | $1.83 | $2.22 |
Tire Balancing | $47.98 | $50.07 |
Item | Willow Park | Texas |
---|---|---|
All Electricity | $187.94 | $167.67 |
Phone | $184.73 | $175.64 |
The cost of living varies in the cities and towns around Willow Park. Here's a quick look at the cost of living in the most populous nearby places:
Fort Worth, TX has a cost of living index of 95, 0.9x Willow Park.
Weatherford, TX has a cost of living index of 96, 0.9x Willow Park.
Benbrook, TX has a cost of living index of 92, 0.9x Willow Park.
City | Population | Cost Of Living | Vs. Willow Park |
---|---|---|---|
Fort Worth, TX | 908,469 | 95 | 0.9x |
Weatherford, TX | 30,385 | 96 | 0.9x |
Benbrook, TX | 24,248 | 92 | 0.9x |
Saginaw, TX | 23,676 | 93 | 0.9x |
White Settlement, TX | 18,040 | 85 | 0.8x |
Azle, TX | 13,157 | 92 | 0.9x |
Lakeside, VA | 12,690 | 99 | 0.9x |