Housing costs in Wichita Falls?
A typical home costs
$179,600, which is 46.9% less expensive than the national average of
$338,100 and 39.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Wichita Falls costs
$820 per month, which is 35.9% cheaper than the national average of
$1,280 and 14.6% cheaper than the state average of
$940.
Can I afford Wichita Falls?
To live comfortably in Wichita Falls (zip 76305), Texas, a minimum annual income of
$34,560 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Wichita Falls?
Living in 76305 Wichita Falls, TX is relatively affordable compared to other areas. The cost of living index is at 88.2, which is lower than the US average of 100. A person can expect to pay an average of $828 for housing expenses, while groceries and healthcare are both below the national averages at 8.7% and 11.6%, respectively. Property taxes are also low, with a rate of 1.78%. This makes Wichita Falls an attractive option for those looking for a more affordable place to live.