Chicago, IL vs Waco, TX
Cost of Living Comparison
Waco, TX is more affordable by 11.0 index points
Side-by-Side Comparison
| Category | Chicago, IL | Waco, TX | Difference |
|---|---|---|---|
| Overall | 103.6 | 92.5 | +11.0 |
| Housing | 112.0 | 83.5 | +28.5 |
| Goods | 107.3 | 93.8 | +13.5 |
| Utilities | 83.6 | 81.0 | +2.6 |
| Other Services | 100.5 | 96.2 | +4.3 |
Income & Housing Comparison
| Metric | Chicago, IL | Waco, TX |
|---|---|---|
| Median Household Income | $85,087 | $59,193 |
| Median Home Value | $288,400 | $190,100 |
| Median Monthly Rent | $1,310 | $1,042 |
| Per Capita Income | $45,977 | $30,923 |
Frequently Asked Questions
Is Chicago, IL or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 11.0 index points (Chicago, IL: 103.6, Waco, TX: 92.5).
Where is housing cheaper, Chicago, IL or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Chicago, IL (112.0) vs Waco, TX (83.5).