Lubbock, TX vs Wichita Falls, TX

Wichita Falls is moderately more affordable than Lubbock, with a 13.6% lower cost of living index. Lubbock scores 83 compared to 73 for Wichita Falls, where the US average is 100. This difference means residents of Lubbock can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lubbock is $1,137/month compared to $978/month in Wichita Falls — a 16% difference. Home values follow the same pattern: Wichita Falls is more affordable at $142,600 median vs $197,900.

Median household income in Lubbock is $60,487 compared to $58,568 in Wichita Falls (+3.3%). Lubbock does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lubbock spend roughly 22.6% of their income on rent, more than the 20% in Wichita Falls.