CostByCity

Charlotte, NC vs Waco, TX

Cost of Living Comparison

Waco, TX is more affordable by 4.8 index points

Side-by-Side Comparison

CategoryCharlotte, NCWaco, TXDifference
Overall97.392.5+4.8
Housing97.683.5+14.1
Goods96.693.8+2.8
Utilities89.281.0+8.2
Other Services98.296.2+2.0

Income & Housing Comparison

MetricCharlotte, NCWaco, TX
Median Household Income$76,177$59,193
Median Home Value$283,000$190,100
Median Monthly Rent$1,279$1,042
Per Capita Income$42,735$30,923

Frequently Asked Questions

Is Charlotte, NC or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 4.8 index points (Charlotte, NC: 97.3, Waco, TX: 92.5).
Where is housing cheaper, Charlotte, NC or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Charlotte, NC (97.6) vs Waco, TX (83.5).