Cost of Living in Wylie, TX
Housing
The housing market plays a significant role in determining the cost of living in Wylie, TX.
- Housing Index: 90.2 / 100
- Median Home Price is: $350000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
Considering a move to Wylie, TX? The area offers a housing index of 90.2, indicating a relatively affordable market compared to the national average. The median home price is set at 350000, making homeownership potential achievable for many buyers. Meanwhile, average rent prices for a 2-bedroom apartment at 1500 and a house at 1600 suggest a competitive rental market. Balancing these factors will be essential in assessing your budget and lifestyle, particularly as the economy continues to evolve and influence local real estate trends.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wylie, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Wylie, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Wylie is a financially viable option for your relocation.