Fairbanks, AK vs Waco, TX
Cost of Living Comparison
Waco, TX is more affordable by 10.7 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Waco, TX | Difference |
|---|---|---|---|
| Overall | 103.2 | 92.5 | +10.7 |
| Housing | 92.6 | 83.5 | +9.0 |
| Goods | 107.3 | 93.8 | +13.6 |
| Utilities | 119.8 | 81.0 | +38.8 |
| Other Services | 103.3 | 96.2 | +7.1 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Waco, TX |
|---|---|---|
| Median Household Income | $81,655 | $59,193 |
| Median Home Value | $276,800 | $190,100 |
| Median Monthly Rent | $1,360 | $1,042 |
| Per Capita Income | $42,744 | $30,923 |
Frequently Asked Questions
Is Fairbanks, AK or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 10.7 index points (Fairbanks, AK: 103.2, Waco, TX: 92.5).
Where is housing cheaper, Fairbanks, AK or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Fairbanks, AK (92.6) vs Waco, TX (83.5).