Cost of Living Index

The Cost of Living Index (COLI) estimates the relative price levels for consumer goods and services. When applied to wages and salaries, the result is a measure of relative purchasing power. The cost of living is 8.7% lower in the Wichita Falls, TX MSA than the U.S. Average.

WICHITA FALLS, TX METRO

91.3

U.S. COMPOSITE INDEX

100.0

Wichita Falls, TX MSA
By COLI Index Category

90.2

Grocery Items

80.6

Housing

110.7

Utilities

98.0

Transportation

102.1

Health Care

92.4

Miscellaneous
Goods & Services

Source: Cost of Living Index (COLI), published by the Council for Community and Economic Research (C2ER), 2022 Annual Average Data, Published January 2023.

Since 1968, the Cost of Living Index has been the most consistent source of city-to-city cost comparisons available. COLI data is recognized by the U.S. Census Bureau, U.S. Bureau of Labor Statistics, and CNN Money. The average for all participating places equals 100, and each participant’s index is read as a percentage of the average for all places. Items on which the Index is based have been carefully chosen to reflect the different categories of consumer expenditures.