Memphis → Wichita Falls

Moving from Memphis to Wichita Falls shifts your BEA Regional Price Parity from 92.2 to 89.5 (100 = US average), so a Memphis salary needs to be multiplied by 0.97 to hold the same purchasing power in Wichita Falls. On rent, HUD Fair Market Rent for a 2-bedroom goes from $1,274/month in Memphis to $1,136/month in Wichita Falls - a lower monthly bill of $138, or $1,656/year. That rent delta alone is often the single biggest line item when relocating.

Wages tell the other half. BLS Occupational Employment and Wage Statistics report a median salary of $65,102 in Memphis versus $56,840 in Wichita Falls - a raw gap of $8,262 lower. The Wichita Falls labor market has 49,490 tracked jobs against 597,090 in Memphis, shaping how easy it is to find a comparable role. Combine that with the cost-of-living shift above and you get the real purchasing-power delta, sometimes a "higher salary" is actually a pay cut once rent and RPP are applied.

Safety, schools, and childcare round out the move. FBI UCR violent crime rates near Memphis and Wichita Falls are 602 and 395 per 100,000 (state-level). NCES student-teacher ratios run 15.3:1 at origin versus 14.7:1 at destination. DOL center-based infant care costs $7,860/year in Memphis versus $7,566/year in Wichita Falls. Our composite verdict - Neutral — Depends on Priorities - weighs all seven federal sources; the dimension table below lets you override that with your personal priorities.