CostIndexUSA

Killeen, TX vs Wichita Falls, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Killeen
91.1
overall index
$1,325/mo rent
More AffordableTX
Wichita Falls
89.5
overall index
$1,200/mo rent

Wichita Falls is slightly cheaper than Killeen — 1.8% lower overall cost of living.

To match an $80,000 salary in Killeen, you would need $78,600 in Wichita Falls. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing12.5%
Killeen
77.9
Wichita Falls
68.2
🛒 Groceries≈ Equal
Killeen
93.8
Wichita Falls
93.8
🚗 Transportation≈ Equal
Killeen
101.1
Wichita Falls
101.1
🏥 Healthcare≈ Equal
Killeen
91.4
Wichita Falls
91.4
Utilities+3.6%
Killeen
81.2
Wichita Falls
84.1

Salary Equivalency Calculator

Enter your current salary in Killeen to see what you'd need to earn in Wichita Falls to maintain the same purchasing power.

$
Equivalent salary in Wichita Falls, TX
$78,600
$1,400 less needed in Wichita Falls

Formula: salary × (89.5 ÷ 91.1) = salary × 0.9824. Based on BEA Regional Price Parities.

Housing Market

Killeen, TX

Median Home Price
$247,000
Median Monthly Rent
$1,325
Housing Index
77.9
Price-to-Rent Ratio
15.5×

Wichita Falls, TX

Median Home Price
$167,000
Median Monthly Rent
$1,200
Housing Index
68.2
Price-to-Rent Ratio
11.6×

Killeen has 12.5% lower housing costs compared to Wichita Falls.

Income & Job Market

Killeen, TX

Median Household Income
$71,000
Per Capita Income
$40,500
Unemployment Rate
5.2%
Population
154,823
Top Industries
MilitaryHealthcareRetailGovernmentManufacturing

Wichita Falls, TX

Median Household Income
$63,500
Per Capita Income
$36,200
Unemployment Rate
2.7%
Population
104,553
Top Industries
MilitaryHealthcareManufacturingRetailGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Killeen, TX
4.5×income-to-rent ratio

78% of income left after rent (median)

Wichita Falls, TX
4.4×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.