Plano, TX vs Wichita Falls, TX

The cost of living difference between Plano, TX and Wichita Falls, TX is dramatic. Wichita Falls is 73.9% cheaper than Plano, a gap that translates to thousands of dollars per year in household expenses. Plano has a cost index of 126 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 Plano is $1,792/month compared to $978/month in Wichita Falls — a 83% difference. Home values follow the same pattern: Wichita Falls is more affordable at $142,600 median vs $440,600.

Median household income in Plano is $108,649 compared to $58,568 in Wichita Falls (+85.5%). While Plano is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Plano spend roughly 19.8% of their income on rent, less than the 20% in Wichita Falls.