Cost of Living: Wichita falls, TX vs Addison, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wichita falls | Addison |
|---|---|---|
| Housing Index | 80.0 | 115.0 |
| Median Home Price | $233,000 | $315,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1300 | $1840 |
Housing Comparison: Wichita falls vs Addison
- The median home price in Addison is higher at $315,000, compared to $233,000 in Wichita falls.
- In Addison, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Wichita falls.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Wichita falls | Addison |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Wichita falls vs Addison
- Addison has higher electricity costs at $16.15 per kWh, versus $14.47 in Wichita falls.
- Natural gas is more expensive in Wichita falls at $26.29 per unit, while it is cheaper at $16.59 in Addison.
- Utility expenses are equal in both Wichita falls and Addison averaging $250.