What is the cost of living in Wichita Falls, TX?
According to the most recent data on the cost of living, Wichita Falls has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Texas, Wichita Falls has a cost of living index that's 1.0x lower than Texas's index of 93.
The standard of living in Wichita Falls ranks as #131 most affordable out of the 419 places we measured in Texas. By definition, that implies Wichita Falls ranks as the #288 most expensive place in the Lone Star State.
For more reading on life in Wichita Falls, check out:
Wichita Falls Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Wichita Falls. Here is how it fares on each of the criteria:
The Services index in Wichita Falls is 99.
The Groceries index in Wichita Falls is 99.
The Health index in Wichita Falls is 70.
The Housing index in Wichita Falls is 95.
The Transportation index in Wichita Falls is 106.
The Utilities index in Wichita Falls is 96.
| Living Expense | Wichita Falls | Texas | National Average |
|---|---|---|---|
| Overall | 91 | 93 | 100 |
| Services | 99 | 100 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 70 | 81 | 100 |
| Housing | 95 | 97 | 100 |
| Transportation | 106 | 103 | 100 |
| Utilities | 96 | 100 | 100 |
Wichita Falls Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Wichita Falls Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Wichita Falls, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Wichita Falls is $172,050.
The Median Rent in Wichita Falls is $1,022.
The Median Income in Wichita Falls is $60,177.
The Home Value To Income in Wichita Falls is 2.9x.
The Rent To Monthly Income in Wichita Falls is 0.2x.
| Statistic | Wichita Falls | Texas | United States |
|---|---|---|---|
| Median Home Value | $172,050 | $300,957 | $332,700 |
| Median Rent | $1,022 | $1,403 | $1,413 |
| Median Income | $60,177 | $78,476 | $80,734 |
| Home Value To Income | 2.9x | 3.8x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.21x | 0.21x |
Wichita Falls, TX Costs By Category
Detailed Wichita Falls Services costs vs. Texas
| Item | Wichita Falls | Texas |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $11.19 | $12.13 |
| Bowling | $16.67 | $18 |
| Haircut | $18.44 | $24.26 |
| Beauty Salon | $40.04 | $45.56 |
Detailed Wichita Falls Groceries costs vs. Texas
| Item | Wichita Falls | Texas |
|---|---|---|
| Ground Beef | $6.1 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.54 | $4.67 |
| Potatoes | $4.93 | $4.93 |
| Pizza | $12.1 | $12.09 |
| Beer | $9.83 | $10.41 |
| Toothpaste | $3.53 | $3.7 |
Detailed Wichita Falls Health costs vs. Texas
| Item | Wichita Falls | Texas |
|---|---|---|
| Optometrist | $119.3 | $125.68 |
| Doctor | $100.35 | $135.78 |
| Dentist | $102.46 | $113.29 |
Detailed Wichita Falls Transportation costs vs. Texas
| Item | Wichita Falls | Texas |
|---|---|---|
| Gasoline | $3.1 | $3.46 |
| Tire Balancing | $62.19 | $59.92 |
Detailed Wichita Falls Utilities costs vs. Texas
| Item | Wichita Falls | Texas |
|---|---|---|
| All Electricity | $182.99 | $193.99 |
| Phone | $193.02 | $192.25 |
Wichita Falls SnackAbility
Cost Of Living In Cities Around Wichita Falls
The cost of living varies in the cities and towns around Wichita Falls. Here's a quick look at the cost of living in the most populous nearby places:
Lawton, OK has a cost of living index of 88, 1.0x Wichita Falls.
Lakeside, VA has a cost of living index of 105, 1.2x Wichita Falls.
Burkburnett, TX has a cost of living index of 88, 1.0x Wichita Falls.
| City | Population | Cost Of Living | Vs. Wichita Falls |
|---|---|---|---|
| Lawton, OK | 90,595 | 88 | 1.0x |
| Lakeside, VA | 12,654 | 105 | 1.2x |
| Burkburnett, TX | 11,059 | 88 | 1.0x |
| Vernon, TX | 9,848 | 85 | 0.9x |
| Iowa Park, TX | 6,578 | 91 | 1.0x |
