Cost of Living in Wedgwood, Fort Worth, TX

A+
5%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
8%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Wedgwood Fort Worth Texas
Cost of living10510592
Goods & Services10810896
Groceries10010096
Health care10810894
Housing10810783
Transportation898992
Utilities111111104
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Cost Of Living Quick Facts

  • The cost of living in Wedgwood is 14% higher than the Fort Worth average
  • The cost of living in Wedgwood is 5% higher than the national average
  • Wedgwood housing is 8% higher than the national average
  • Texas general sales tax is 22% higher than the national average
  • Texas state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Wedgwood

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Compare Fort Worth, TX Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Household$74,003$6,167$1,727$2,220

      Texas Sales Tax

      State General Sales Tax With Max Surtax
      Texas 6.25% 8.25%

      Texas Income Tax

      State Income Tax (Low) Income Tax (High)
      Texas 0% 0%

      Goods & Services

      Item Fort Worth National avg. Difference
      Haircut $33.29$24.2637.2%
      Beauty Salon $65.85$45.5644.5%
      Toothpaste $3.57$3.703.6%
      Shampoo $1.30$1.281.3%
      Movie $14.60$12.1320.3%
      Bowling $24.53$18.0036.3%

      Groceries

      Item Fort Worth National avg. Difference
      Ground Beef $5.23$5.8410.4%
      Fried Chicken $1.74$1.5710.8%
      Milk $4.65$4.670.5%
      Potatoes $4.93$4.930.0%
      Pizza $11.30$12.096.5%
      Beer $10.93$10.415.0%

      Health Care

      Item Fort Worth National avg. Difference
      Optometrist $143.73$125.6814.4%
      Doctor $140.69$135.783.6%
      Dentist $130.53$113.2915.2%
      Ibuprofen $10.62$10.650.3%
      Lipitor $499.87$468.606.7%

      Housing

      Item Fort Worth National avg. Difference
      Home Price $190,400.00$184,700.003.1%
      Avg. Mortgage Payment $2,258.00$2,346.693.8%
      Apartment Rent $1,115.00$949.0017.5%

      Transportation

      Item Fort Worth National avg. Difference
      Gasoline $3.09$3.4610.7%
      Tire Balancing $52.04$59.9213.2%

      Utilities

      Item Fort Worth National avg. Difference
      All Electricity $219.02$193.9912.9%
      Phone $208.71$192.258.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Lakeside town (San Patricio County), TX3078713.0%
      Sansom Park, TX5,593937.3%
      Everman, TX6,232946.0%
      Forest Hill, TX12,964963.6%
      Blue Mound, TX2,317973.3%
      Fort Worth, TX892,2211055.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Columbus, OH889,079946.2%
      Jacksonville, FL902,488982.0%
      San Francisco, CA874,784237137.3%
      Charlotte, NC873,5701087.6%
      Indianapolis, IN869,387936.7%
      Fort Worth, TX892,2211055.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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