Irving, TX vs Wichita Falls, TX

The cost of living difference between Irving, TX and Wichita Falls, TX is dramatic. Wichita Falls is 45.1% cheaper than Irving, a gap that translates to thousands of dollars per year in household expenses. Irving has a cost index of 105 while Wichita Falls sits at 73, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Irving is $1,517/month compared to $978/month in Wichita Falls — a 55% difference. Home values follow the same pattern: Wichita Falls is more affordable at $142,600 median vs $287,300.

Median household income in Irving is $79,641 compared to $58,568 in Wichita Falls (+36%). The higher salaries in Irving partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Irving spend roughly 22.9% of their income on rent, more than the 20% in Wichita Falls.