Cost of Living in Wichita Falls, TX
|Cost of Living in Wichita Falls, TX||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||1% lower||16% lower|
|Utilities (Monthly)||6% higher||8% higher|
|Food||1% higher||8% lower|
|Healthcare||3% higher||2% lower|
|Transportation||1% higher||5% lower|
|Goods & Services||2% lower||6% lower|
The cost of living in Wichita Falls, TX is 0% than the state average and 8% lower than the national average. Wichita Falls, TX housing is 16% cheaper than the U.S average, while utilities are about 8% pricier. When it comes to basic necessities such as food and clothing, groceries are around 6% less in Wichita Falls, TX than in the rest of the country, while clothing costs around 6% less .
Healthcare services such as doctor check-ups and dentistry cost 2% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in Wichita Falls, TX.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Wichita Falls is $550, while home prices circle around $366,904.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Wichita Falls, energy bills cost around $194.94 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $1.74 in Wichita Falls, a dozen eggs go for around $1.60 and a pound of potatoes circles around $3.03.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Wichita Falls, an optometry check-up costs around $98.29, while a dentist appointment is priced $97.33 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.50 in Wichita Falls, while getting your tires balanced will run you about $54.63.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $17.06 here. Meanwhile, a pair of women's slacks will set you back around $27.64.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Wichita Falls, you should budget around $10.50 a month. When it comes to personal services, a haircut usually goes for $20.24, while dry cleaning costs about $10.67.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Wichita Falls, the median household income is $47,335.