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2018 Cost of Living Calculator:
Brandon, Mississippi vs Waco, Texas

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A salary of $50,000 in Brandon, Mississippi could decrease to $40,192 in Waco, Texas
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Waco, Texas is 24.4% cheaper than Brandon, Mississippi
Cost of Living IndexesBrandon, MSWaco, TXDifference
Overall (Homeowner, No Child care, Taxes Not Included)98.979.524.4% less
Food & Groceries91.887.54.9% less
Housing (Homeowner)99.259.068.1% less
Housing (Renter)
Median Home Cost$185,500$110,400$75,100 (68.0% less)
Utilities94.197.23.2% more
Transportation102.180.626.7% less
Health103.985.022.2% less
Taxes
Child care
Miscellaneous98.293.94.6% less
100 = US Average. Below 100 means cheaper than the US average. Above 100 means more expensive. About our Cost of Living Index

Comparison Highlights

- Overall, Waco, Texas is 24.4% cheaper than Brandon, Mississippi
- Median Home Cost is the biggest factor in the cost of living difference.
- Median Home Cost is 40% cheaper in Waco.


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WHAT IS COST OF LIVING

Before moving to a new city you want to know how much it will cost to live there. “Cost of living” is the amount of money you need to maintain a certain lifestyle in a given place. The price of goods and services vary from one city to another, calculating the cost of living will help you determine how much more or less you need to make and help you factor in expenses.

The expenses that go in to determining cost of living include housing prices for renters or homeowners, housing affordability, entertainment costs, transportation expenses, food prices, and taxes.

WHAT IS COST OF LIVING INDEX

A cost of living index allows you to compare what it costs to live in one place against another, helping you get a glimpse of how far your money will go before you move. For example the cost of living in New York City is almost twice that of Portland, Oregon.

Our goal with the Cost of Living Calculator is to help you feel more confident in deciding where to live and help you find your best place to live.

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