Cost of Living: Wichita falls, TX vs Water valley, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wichita falls | Water valley |
|---|---|---|
| Housing Index | 80.0 | 90.0 |
| Median Home Price | $233,000 | $124,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1300 | $850 |
Housing Comparison: Wichita falls vs Water valley
- In Wichita falls, the median home price is higher at $233,000, while in Water valley it is $124,000.
- In Water valley, the rental for a two-bedroom apartment stands at $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 | Water valley |
|---|---|---|
| Electricity Price | $14.47 | $13.42 |
| Natural Gas Price | $26.29 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Wichita falls vs Water valley
- Electricity costs are higher in Wichita falls at $14.47 per kWh, compared to $13.42 in Water valley.
- Natural gas is more expensive in Wichita falls at $26.29 per unit, while it is cheaper at $22.19 in Water valley.
- Other utility costs are higher in Wichita falls at an average of $250, compared to Water valley with $200.