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Wake Village, TX vs West Tawakoni, TX

76
Wake Village
Texas
VS
-5.5%
81
West Tawakoni
Texas

Wake Village is moderately more affordable than West Tawakoni, with a 5.5% lower cost of living index. Wake Village scores 76 compared to 81 for West Tawakoni, where the US average is 100. This difference means residents of West Tawakoni can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Wake Village is $1,061/month compared to $1,304/month in West Tawakoni — a 19% difference. Interestingly, home values tell a different story: while Wake Village has cheaper rent, West Tawakoni actually has lower median home values ($64,800 vs $172,900).

Median household income in Wake Village is $69,796 compared to $55,938 in West Tawakoni (+24.8%). Wake Village offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Wake Village spend roughly 18.2% of their income on rent, less than the 28% in West Tawakoni.

Income & Cost

Cost of Living Index
Wake Village
76
5% cheaper
West Tawakoni
81
Median Household Income
Wake Village
$69,796
20% higher
West Tawakoni
$55,938

Housing

Median Rent
Wake Village
$1,061
19% cheaper
West Tawakoni
$1,304
Median Home Value
Wake Village
$172,900
West Tawakoni
$64,800
63% cheaper
Population
Wake Village
5,887
West Tawakoni
2,057

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Wake Village $2.85
West Tawakoni $3.18
US $3.07
🥚
Eggs (grade A, large)
Wake Village $2.33
West Tawakoni $2.59
US $2.50
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Milk (whole)
Wake Village $3.74
West Tawakoni $4.17
US $4.03
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Bread (white)
Wake Village $1.72
West Tawakoni $1.92
US $1.85
🍗
Chicken breast
Wake Village $3.85
West Tawakoni $4.29
US $4.14
Electricity
Wake Village $0.16
West Tawakoni $0.18
US $0.19