Cost of Living in Wichita Falls, TX
Population 102,558 · Texas · Data vintage 2023
(100 = US avg)
The Wichita Falls cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $143,000, rents near $978 a month.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wichita Falls
The median home value in Wichita Falls is $142,600 — 53% below the national median of $305,000. Median rent runs $978/month, 26% lower than the national median of $1,314/month. The median household income of $58,568/year is 21% lower than the US median of $74,580. The local unemployment rate is 3.5%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.1°F and lows of 51.2°F, with about 3.1" of annual snowfall. Overall, Wichita Falls has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 55 | 59 | 68 | 76 | 84 | 92 | 97 | 97 | 88 | 77 | 65 | 56 |
| Low °F | 30 | 34 | 42 | 50 | 60 | 68 | 72 | 72 | 64 | 52 | 40 | 32 |
| Precip" | 1.20 | 1.40 | 2.02 | 2.50 | 3.81 | 3.35 | 2.02 | 2.53 | 2.99 | 2.88 | 1.63 | 1.56 |
| Snow" | 0.7 | 1.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.8 |
Frequently Asked Questions
What is the cost of living in Wichita Falls, TX?
Wichita Falls has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Wichita Falls, TX?
The median gross rent in Wichita Falls is $978 per month based on 2023 Census data.
What is the average home price in Wichita Falls?
The median home value in Wichita Falls is $142,600 according to Zillow and Census data.
What is the median income in Wichita Falls?
The median household income in Wichita Falls is $58,568 per year (2023 ACS 5-year estimates).
What is the sales tax in Wichita Falls, TX?
The combined state and local sales tax rate in Wichita Falls is 8.2%. Texas has no state income tax.
Is Wichita Falls, TX affordable?
Yes, Wichita Falls is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
What is the weather like in Wichita Falls?
Wichita Falls has average high temperatures of 76.1°F and average lows of 51.2°F. Annual precipitation is 27.9". Average annual snowfall is 3.1". Data from NOAA 1991–2020 Climate Normals.
Wichita Falls at a Glance
- Population
- 102,558
- Median Income
- $58,568
- Home Value
- $142,600
- Median Rent
- $978/mo
- Unemployment
- 3.5%
- Avg High Temp
- 76.1°F
- Sales Tax
- 8.2%
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