Cost Of Living in Willow Park, TX

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	Willow Park	Texas	National
Cost of living	122	92	100
Goods & Services	108	96	100
Groceries	100	96	100
Health care	108	94	100
Housing	162	83	100
Transportation	89	92	100
Utilities	111	104	100

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Cost Of Living Quick Facts

The cost of living in Willow Park is 32% higher than the Texas average
The cost of living in Willow Park is 22% higher than the national average
Willow Park housing is 62% 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

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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)
Owners	$99,572	$8,298	$2,323	$2,987
Renters	$146,518	$12,210	$3,419	$4,396

A good indicator of the general affordability of housing in Willow Park, TX, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Willow Park, the median monthly income is $99,572 for those who own their own homes. Under the standard rule, that income level would allow for $2,323 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $146,518, per the median income in the area. That would allow for renters to spend up to $3,419 on monthly rental expenses.

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	Willow Park	National avg.	Difference
Haircut	$33.29	$24.26	37.2%
Beauty Salon	$65.85	$45.56	44.5%
Toothpaste	$3.57	$3.70	3.6%
Shampoo	$1.30	$1.28	1.3%
Movie	$14.60	$12.13	20.3%
Bowling	$24.53	$18.00	36.3%

Groceries

Item	Willow Park	National avg.	Difference
Ground Beef	$5.23	$5.84	10.4%
Fried Chicken	$1.74	$1.57	10.8%
Milk	$4.65	$4.67	0.5%
Potatoes	$4.93	$4.93	0.0%
Pizza	$11.30	$12.09	6.5%
Beer	$10.93	$10.41	5.0%

Health Care

Item	Willow Park	National avg.	Difference
Optometrist	$143.73	$125.68	14.4%
Doctor	$140.69	$135.78	3.6%
Dentist	$130.53	$113.29	15.2%
Ibuprofen	$10.62	$10.65	0.3%
Lipitor	$499.87	$468.60	6.7%

Housing

Item	Willow Park	National avg.	Difference
Home Price	$257,600.00	$184,700.00	39.5%
Avg. Mortgage Payment	$2,258.00	$2,346.69	3.8%
Apartment Rent	$2,044.00	$949.00	115.4%

Transportation

Item	Willow Park	National avg.	Difference
Gasoline	$3.09	$3.46	10.7%
Tire Balancing	$52.04	$59.92	13.2%

Utilities

Item	Willow Park	National avg.	Difference
All Electricity	$219.02	$193.99	12.9%
Phone	$208.71	$192.25	8.6%

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.
Western Lake, TX	509	78	22.4%
Lakeside town (San Patricio County), TX	307	87	13.0%
Pelican Bay, TX	1,618	90	10.2%
Sansom Park, TX	5,593	93	7.3%
River Oaks, TX	7,653	97	3.1%
Willow Park, TX	5,585	122	21.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Cresaptown, MD	5,584	88	11.5%
Falcon Heights, MN	5,586	112	12.3%
Henryetta, OK	5,586	78	22.0%
Siesta Key, FL	5,587	170	70.5%
Paoli, PA	5,591	127	27.4%
Willow Park, TX	5,585	122	21.7%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Willow Park, TX