Housing costs in Waco?
A typical home costs
$208,800, which is 38.2% less expensive than the national average of
$338,100 and 29.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Waco costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 26.7% cheaper than the state average of
$1,280.
Can I afford Waco?
To live comfortably in Waco, Texas, a minimum annual income of
$39,960 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Waco?
The cost of living in Waco, TX is significantly lower than the US average. According to the data, it has a cost of living index of 78.9 compared to the US average of 100. This means that the overall cost of living in Waco is 21.1 percent lower than the US average. Additionally, the median value of houses in Waco is around $208,800, which is much lower than the national average of $338,100. This factor contributes to making Waco an affordable place for people to live and work in comparison to other parts of the country.