Hammond, LA vs Waco, TX
Cost of Living Comparison
Hammond, LA is more affordable by 8.1 index points
Side-by-Side Comparison
| Category | Hammond, LA | Waco, TX | Difference |
|---|---|---|---|
| Overall | 84.5 | 92.5 | -8.1 |
| Housing | 48.2 | 83.5 | -35.4 |
| Goods | 93.7 | 93.8 | -0.1 |
| Utilities | 71.0 | 81.0 | -10.0 |
| Other Services | 95.7 | 96.2 | -0.5 |
Income & Housing Comparison
| Metric | Hammond, LA | Waco, TX |
|---|---|---|
| Median Household Income | $55,274 | $59,193 |
| Median Home Value | $193,300 | $190,100 |
| Median Monthly Rent | $930 | $1,042 |
| Per Capita Income | $29,192 | $30,923 |
Frequently Asked Questions
Is Hammond, LA or Waco, TX cheaper to live in?
Hammond, LA is more affordable. The cost of living difference is 8.1 index points (Hammond, LA: 84.5, Waco, TX: 92.5).
Where is housing cheaper, Hammond, LA or Waco, TX?
Housing is more affordable in Hammond, LA. Housing index: Hammond, LA (48.2) vs Waco, TX (83.5).