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Itasca, TX vs Wake Village, TX

67
Itasca
Texas
VS
-11.9%
76
Wake Village
Texas

Itasca is moderately more affordable than Wake Village, with a 11.9% lower cost of living index. Itasca scores 67 compared to 76 for Wake Village, where the US average is 100. This difference means residents of Wake Village can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Itasca is $836/month compared to $1,061/month in Wake Village — a 21% difference. Home values follow the same pattern: Itasca is more affordable at $105,900 median vs $172,900.

Median household income in Itasca is $67,500 compared to $69,796 in Wake Village (-3.3%). Wake Village does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Itasca spend roughly 14.9% of their income on rent, less than the 18.2% in Wake Village.

Income & Cost

Cost of Living Index
Itasca
67
12% cheaper
Wake Village
76
Median Household Income
Itasca
$67,500
Wake Village
$69,796
3% higher

Housing

Median Rent
Itasca
$836
21% cheaper
Wake Village
$1,061
Median Home Value
Itasca
$105,900
39% cheaper
Wake Village
$172,900
Population
Itasca
2,015
Wake Village
5,887

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Itasca
Wake Village $2.85
US $3.07
🥚
Eggs (grade A, large)
Itasca
Wake Village $2.33
US $2.50
🥛
Milk (whole)
Itasca
Wake Village $3.74
US $4.03
🍞
Bread (white)
Itasca
Wake Village $1.72
US $1.85
🍗
Chicken breast
Itasca
Wake Village $3.85
US $4.14
Electricity
Itasca
Wake Village $0.16
US $0.19