Cost of Living in Wink, TX
Population: 1,328 | Texas
Wink is 34% less expensive than the national average.
Cost of Living in Wink, TX: What You Need to Know
With a cost of living index of 66, Wink, TX is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 22% below the Texas state average of 88. Wink is a small community of 1,328 residents.
Housing costs are the biggest factor in Wink's cost of living. The median monthly rent is $696 (47% below the US median of $1,319), and the median home value sits at $137,200 (55% below the national median of $304,900). At current prices, the median home costs roughly 1.1x the median household income — well within traditional affordability guidelines.
The median household income in Wink is $128,011, which is 70% higher than the national median of $75,149. Residents spend roughly 7% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $128,011
- vs US Median ($75,149)
- +70%
Housing
- Median Rent
- $696/mo
- Median Home Value
- $137,200
- Median Monthly Housing Cost
- $739/mo