Housing costs in Wichita Falls?
A typical home costs
$161,300, which is 52.3% less expensive than the national average of
$338,100 and 45.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Wichita Falls costs
$980 per month, which is 23.4% cheaper than the national average of
$1,280 and 4.1% more than the state average of
$940.
Can I afford Wichita Falls?
To live comfortably in Wichita Falls (zip 76302), Texas, a minimum annual income of
$30,960 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Wichita Falls?
The cost of living in 76302 Wichita Falls, TX is fairly affordable. According to BestPlaces, the overall living costs in this city are 22% lower than the national average. This includes groceries, housing costs, health care, and transportation expenses. Affordability is further enhanced by the low unemployment rate of 3.9% and a median household income of $44,678. Sales tax is higher than average at 8%, but rent for a one-bedroom apartment can range from $500 to $600 which is considerably lower than other cities around the country.