Cost of Living in Wylie, TX

Population 58,991 · Texas · Data vintage 2023

129
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Wylie cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $350,000, rents near $1,985 a month.

Wylie sits roughly 10 miles southeast of Allen — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% lower than Allen's $430,000.

Cost Overview

Housing 115
Rent 151

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Wylie

The median home value in Wylie is $350,100 — 15% above the national median of $305,000. Median rent runs $1,985/month, 51% higher than the national median of $1,314/month. The median household income of $113,661/year is 52% higher than the US median of $74,580. The local unemployment rate is 3.9%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 75.9°F and lows of 54.1°F. Overall, Wylie has a cost of living index of 129 versus the US average of 100, meaning it is 29% more expensive.

🏠 Housing

Median Home Value
$350,100
15% above avg
Zillow Home Value
$426,401
Zillow ZHVI
Median Rent
$1,985/mo
51% above avg
Zillow Rent
$1,889/mo
Zillow ZORI
Price-to-Rent Ratio
14.7x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 76.2%
Renter-occupied 23.8%

💰 Estimated Monthly Budget

Rent median rent
$1,985
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,599/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
34.9 min
29% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.0%

Commute Mode

Drove alone
66.8%
Carpooled
11.7%
Public transit
0.4%
Walked
1.0%
Work from home
18.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$113,661
52% above avg
Per Capita Income
$41,611
Unemployment Rate
3.9%
19% below avg
Poverty Rate
5.6%
Labor Force Participation
72.8%

🎓 Education

Bachelor's degree+ 27.5%
Graduate degree 13.2%

👥 Demographics

Median Age 34.8
Male median age 34.6
Female median age 35.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.9°F
Avg Low
54.1°F
Annual Precip
38.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566068758391959688786657
Low °F 343846536270747366544436
Precip" 2.702.573.513.584.773.581.961.732.814.413.193.49

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
73.3%
Good air days/yr
154
Max AQI recorded
0
PM2.5 days
356
Ozone days

Frequently Asked Questions

What is the cost of living in Wylie, TX?

Wylie has a cost index of 129 (100 = national average). It is 29% above the national average.

What is average rent in Wylie, TX?

The median gross rent in Wylie is $1,985 per month based on 2023 Census data.

What is the average home price in Wylie?

The median home value in Wylie is $350,100 according to Zillow and Census data.

What is the median income in Wylie?

The median household income in Wylie is $113,661 per year (2023 ACS 5-year estimates).

What is the sales tax in Wylie, TX?

The combined state and local sales tax rate in Wylie is 8.2%. Texas has no state income tax.

Is Wylie, TX affordable?

Wylie is above average in cost of living, with an index of 129 — about 29% higher than the national average.

What is the weather like in Wylie?

Wylie has average high temperatures of 75.9°F and average lows of 54.1°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.

Wylie at a Glance

Population
58,991
Median Income
$113,661
Home Value
$350,100
Median Rent
$1,985/mo
Unemployment
3.9%
Avg High Temp
75.9°F
Sales Tax
8.2%
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