Timberwood Park, TX vs Wichita Falls, TX

The cost of living difference between Timberwood Park, TX and Wichita Falls, TX is dramatic. Wichita Falls is 82.4% cheaper than Timberwood Park, a gap that translates to thousands of dollars per year in household expenses. Timberwood Park has a cost index of 133 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 Timberwood Park is $2,012/month compared to $978/month in Wichita Falls — a 106% difference. Home values follow the same pattern: Wichita Falls is more affordable at $142,600 median vs $469,900.

Median household income in Timberwood Park is $147,471 compared to $58,568 in Wichita Falls (+151.8%). While Timberwood Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Timberwood Park spend roughly 16.4% of their income on rent, less than the 20% in Wichita Falls.