Florence, AL vs Waco, TX
Cost of Living Comparison
Florence, AL is more affordable by 7.7 index points
Side-by-Side Comparison
| Category | Florence, AL | Waco, TX | Difference |
|---|---|---|---|
| Overall | 84.8 | 92.5 | -7.7 |
| Housing | 47.7 | 83.5 | -35.9 |
| Goods | 96.4 | 93.8 | +2.6 |
| Utilities | 85.8 | 81.0 | +4.8 |
| Other Services | 96.7 | 96.2 | +0.5 |
Income & Housing Comparison
| Metric | Florence, AL | Waco, TX |
|---|---|---|
| Median Household Income | $56,113 | $59,193 |
| Median Home Value | $164,400 | $190,100 |
| Median Monthly Rent | $787 | $1,042 |
| Per Capita Income | $31,940 | $30,923 |
Frequently Asked Questions
Is Florence, AL or Waco, TX cheaper to live in?
Florence, AL is more affordable. The cost of living difference is 7.7 index points (Florence, AL: 84.8, Waco, TX: 92.5).
Where is housing cheaper, Florence, AL or Waco, TX?
Housing is more affordable in Florence, AL. Housing index: Florence, AL (47.7) vs Waco, TX (83.5).