CostIndexUSA

Mount Vernon, WA vs Wichita Falls, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WA
Mount Vernon
102.4
overall index
$2,125/mo rent
More AffordableTX
Wichita Falls
89.5
overall index
$1,200/mo rent

Wichita Falls is moderately cheaper than Mount Vernon — 12.6% lower overall cost of living.

To match an $80,000 salary in Mount Vernon, you would need $69,900 in Wichita Falls. Calculate your salary ↓

Category Breakdown

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

🏠 Housing37.0%
Mount Vernon
108.2
Wichita Falls
68.2
🛒 Groceries10.7%
Mount Vernon
105
Wichita Falls
93.8
🚗 Transportation3.2%
Mount Vernon
104.4
Wichita Falls
101.1
🏥 Healthcare3.3%
Mount Vernon
94.5
Wichita Falls
91.4
Utilities12.4%
Mount Vernon
96
Wichita Falls
84.1

Salary Equivalency Calculator

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

$
Equivalent salary in Wichita Falls, TX
$69,900
$10,100 less needed in Wichita Falls

Formula: salary × (89.5 ÷ 102.4) = salary × 0.8740. Based on BEA Regional Price Parities.

Housing Market

Mount Vernon, WA

Median Home Price
$567,000
Median Monthly Rent
$2,125
Housing Index
108.2
Price-to-Rent Ratio
22.2×

Wichita Falls, TX

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

Mount Vernon has 37.0% lower housing costs compared to Wichita Falls.

Income & Job Market

Mount Vernon, WA

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
4.4%
Population
36,727
Top Industries
AgricultureHealthcareManufacturingRetailTourism

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).

Mount Vernon, WA
3.6×income-to-rent ratio

72% 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.