Waco, NC Cost of Living


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Waco cost of living score
81.6
Less expensive
18.4% lower
than the US average
10.3% lower
than the North Carolina average
Waco, North Carolina gets a BestPlaces Cost of Living score of 81.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.4% lower than the U.S. average and 10.3% higher than the average for North Carolina.

Waco, NC

Housing costs in Waco?
A typical home costs $139,100, which is 58.9% less expensive than the national average of $338,100 and 51.9% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Waco costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 37.0% cheaper than the state average of $1,110.

Can I afford Waco?
To live comfortably in Waco, North Carolina, a minimum annual income of $26,640 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Waco?
Waco, NC is a great place to live due to its low cost of living. The cost of living index in Waco is about 10% lower than the national average, making it an affordable place for both retirees and families. Housing costs are particularly low, with the median home price at around $140,000. Utilities such as electricity and water are reasonably priced as well. Additionally, groceries, gasoline, and other everyday purchases are mostly inexpensive in Waco. With its low cost of living and its close proximity to larger cities with more amenities, Waco can be an ideal place to call home.
   Cost of living score
     CategoriesWacoNorth CarolinaUnited States
  81.691.0100.0
  93.696.5100
  115.5107.2100.0
  58.883.1100.0
  $139,100$289,300$338,100
  98.7%99.2%100.0%
  74.083.9100.0
  81.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Waco, NC cost of living
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