Cost of Living: Wichita falls, TX vs Springfield, OR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Wichita falls Springfield
Housing Index 80.0 110.0
Median Home Price $233,000 $420,000
Average Rent (2 BR Apartment) $1200 $1500
Average Rent (2 BR House) $1300 $1580

Housing Comparison: Wichita falls vs Springfield

  • The median home price in Springfield is higher at $420,000, compared to $233,000 in Wichita falls.
  • In Springfield, the rental for a two-bedroom apartment stands at $1,500, 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 Springfield
Electricity Price $14.47 $15.12
Natural Gas Price $26.29 $16.5
Other Utilities $250 $230

Utilities Comparison: Wichita falls vs Springfield

  • Springfield has higher electricity costs at $15.12 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 $16.5 in Springfield.
  • Other utility costs are higher in Wichita falls at an average of $250, compared to Springfield with $230.