CostByCity

Morristown, TN vs Waco, TX

Cost of Living Comparison

Morristown, TN is more affordable by 6.2 index points

Side-by-Side Comparison

CategoryMorristown, TNWaco, TXDifference
Overall86.492.5-6.2
Housing59.083.5-24.5
Goods96.293.8+2.5
Utilities72.481.0-8.5
Other Services95.196.2-1.1

Income & Housing Comparison

MetricMorristown, TNWaco, TX
Median Household Income$52,913$59,193
Median Home Value$170,100$190,100
Median Monthly Rent$803$1,042
Per Capita Income$29,207$30,923

Frequently Asked Questions

Is Morristown, TN or Waco, TX cheaper to live in?
Morristown, TN is more affordable. The cost of living difference is 6.2 index points (Morristown, TN: 86.4, Waco, TX: 92.5).
Where is housing cheaper, Morristown, TN or Waco, TX?
Housing is more affordable in Morristown, TN. Housing index: Morristown, TN (59.0) vs Waco, TX (83.5).