Minneapolis, MN vs Waco, TX
Cost of Living Comparison
Waco, TX is more affordable by 12.3 index points
Side-by-Side Comparison
| Category | Minneapolis, MN | Waco, TX | Difference |
|---|---|---|---|
| Overall | 104.8 | 92.5 | +12.3 |
| Housing | 111.8 | 83.5 | +28.3 |
| Goods | 103.1 | 93.8 | +9.3 |
| Utilities | 93.5 | 81.0 | +12.5 |
| Other Services | 104.4 | 96.2 | +8.2 |
Income & Housing Comparison
| Metric | Minneapolis, MN | Waco, TX |
|---|---|---|
| Median Household Income | $94,673 | $59,193 |
| Median Home Value | $334,200 | $190,100 |
| Median Monthly Rent | $1,324 | $1,042 |
| Per Capita Income | $49,334 | $30,923 |
Frequently Asked Questions
Is Minneapolis, MN or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 12.3 index points (Minneapolis, MN: 104.8, Waco, TX: 92.5).
Where is housing cheaper, Minneapolis, MN or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Minneapolis, MN (111.8) vs Waco, TX (83.5).