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Cost of Living Comparison 2026

๐Ÿ“ Wichita Falls, TX โ€” ZIP-level rent data ยท COL adjusted from Fort Worth, TX area

$

Numbers update automatically as you type

You'd save $157/month moving to Indianapolis, IN

$150.0K in your current city equals $148.1K in Indianapolis, IN

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†“ 2.1%
Less expensive
Monthly Impact
$157
Savings
Annual Impact
$1.9K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Wichita Falls, TX

Population:103K
Cost Index:100
Median Home:$180K

Indianapolis, IN

Population:888K
Cost Index:98
Median Home:$176K

Wichita Falls, TX

The Lone Star State

103K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 103K residents.

๐Ÿ’ก Advantage: Texas has no state income tax!

Indianapolis, IN

The Hoosier State

888K
Population
State Tax
Yes

Located in Indiana, this city has a population of 888K residents.

Cost Breakdown by Category

Annual spending: Wichita Falls, TX vs Indianapolis, IN

๐Ÿ Housing
โ†‘ 3.6%
Wichita Falls, TX
$1,881
Indianapolis, IN
$1,949
Difference
$67.74
more
๐Ÿ›’Groceries
โ†‘ 3.4%
Wichita Falls, TX
$889
Indianapolis, IN
$919
Difference
$30.23
more
โšกAll Utilities
โ†“ 4.9%
Wichita Falls, TX
$528
Indianapolis, IN
$503
Difference
$25.75
less
๐Ÿ“ฆOther
โ†“ 1.4%
Wichita Falls, TX
$1,613
Indianapolis, IN
$1,590
Difference
$22.39
less
๐Ÿš—Transportation
โ†“ 1.0%
Wichita Falls, TX
$1,201
Indianapolis, IN
$1,188
Difference
$12.56
less
๐ŸฅHealthcare
โ†“ 0.8%
Wichita Falls, TX
$587
Indianapolis, IN
$582
Difference
$4.82
less

๐Ÿ›๏ธ Local Income Taxes

Indianapolis, IN: Marion County Income Tax$3,030/yr (2.0%)

Wichita Falls, TX has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$652
To$1,030
โ†‘ $378
1 Bed
From$723
To$1,170
โ†‘ $447
2 Bed
From$890
To$1,360
โ†‘ $470
3 Bed
From$1,216
To$1,760
โ†‘ $544
Wichita Falls, TXZIP-level data

1BR range: $810โ€“$1,020/mo

Indianapolis, INZIP-level data

1BR range: $1,080โ€“$1,870/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,700
Monthly in Wichita Falls, TX
$6,732
Monthly in Indianapolis, IN
$32.46
Difference

Home Values

Wichita Falls
Indianapolis
$180K
Median Value
$176K
โ†“ -0.2%
YoY Change
โ†“ -1.1%
โ†‘ +34.3%
5-Year Change
โ†‘ +26.9%
$77K - $243K
Price Range
$109K - $340K

Homes in Indianapolis are 2% less expensive than Wichita Falls

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $4.8K
More taxes
Monthly Difference
$404
Less take-home
Effective Rate Diff
3.2%
Rate difference

Wichita Falls, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Indianapolis, IN

Federal Income Tax
Effective: 18.9%
$25.5K
Indiana State Tax
Effective: 3.2%
$4.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.9%
$41.9K
Take-Home Pay
$9,012/month
$108.1K

Additional Tax Information

Wichita Falls, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

Indianapolis, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Wichita Falls
Indianapolis
54 Moderate
Air Quality
54 Moderate
35.5%
Good Air Days
36.6%
99 High
Climate Risk
97 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
94 days
Heat Days >95ยฐF
18 days
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
94 days
Heat Days >95ยฐF
18 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Texas and Indiana on TaxTakeHome.com

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Similar cost to Indianapolis, IN

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