CostByCity

Ann Arbor, MI vs Waco, TX

Cost of Living Comparison

Waco, TX is more affordable by 8.3 index points

Side-by-Side Comparison

CategoryAnn Arbor, MIWaco, TXDifference
Overall100.992.5+8.3
Housing125.383.5+41.8
Goods93.793.8-0.0
Utilities98.281.0+17.2
Other Services99.696.2+3.3

Income & Housing Comparison

MetricAnn Arbor, MIWaco, TX
Median Household Income$84,245$59,193
Median Home Value$336,300$190,100
Median Monthly Rent$1,335$1,042
Per Capita Income$49,568$30,923

Frequently Asked Questions

Is Ann Arbor, MI or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 8.3 index points (Ann Arbor, MI: 100.9, Waco, TX: 92.5).
Where is housing cheaper, Ann Arbor, MI or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Ann Arbor, MI (125.3) vs Waco, TX (83.5).