Katy, TX vs Wylie, TX
Katy is moderately more affordable than Wylie, with a 8.2% lower cost of living index. Katy scores 115 compared to 125 for Wylie, where the US average is 100. This difference means residents of Wylie can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Katy is $1,609/month compared to $1,985/month in Wylie — a 19% difference. Interestingly, home values tell a different story: while Katy has cheaper rent, Wylie actually has lower median home values ($350,100 vs $376,800).
Median household income in Katy is $107,332 compared to $113,661 in Wylie (-5.6%). The higher salaries in Wylie partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Katy spend roughly 18% of their income on rent, less than the 21% in Wylie.
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