Cost of Living: Wichita Falls, TX vs Austin, TX

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Wichita Falls, TX versus $4,516/mo in Austin, TX. In the model, rent is about 14.25% of gross in Wichita Falls, TX versus 24.12% in Austin, TX, so Wichita Falls, TX tends to feel more affordable for rent.

Take-home in Wichita Falls, TX
$4,516/mo
Income level: above
Take-home in Austin, TX
$4,516/mo
Income level: below
Rent share (1BR) in Wichita Falls, TX
14.25%
COLI tier: mid-range
Rent share (1BR) in Austin, TX
24.12%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Wichita Falls, TX and Austin, TX.

At a glance

  • Cheaper overall (lower cost-of-living index): Wichita Falls, TX
  • Lower rent (median 1BR/2BR): Wichita Falls, TX
  • Lower home prices: Wichita Falls, TX
  • Higher median household income: Austin, TX

Cost of Living Index

Wichita Falls, TX: 100 (U.S. = 100) · Austin, TX: 112.7 (U.S. = 100)

Wichita Falls, TX has a lower cost-of-living index than Austin, TX, so a given salary generally stretches further there.

Median Rent

Wichita Falls, TX: $929/mo (midpoint of 1BR/2BR) · Austin, TX: $1,573/mo

Median rent in Austin, TX is $644/mo higher than in Wichita Falls, TX.

Median Home Price

Wichita Falls, TX: $142,600 · Austin, TX: $512,700

Median home price in Austin, TX is $370,100 higher than in Wichita Falls, TX.

Median Household Income

Wichita Falls, TX: $58,568 · Austin, TX: $91,461

Austin, TX has a higher median household income than Wichita Falls, TX by $32,893.

Wichita Falls, TX overview · Austin, TX overview · Popular comparisons