Phoenix, AZ vs Waco, TX
Cost of Living Comparison
Waco, TX is more affordable by 10.8 index points
Side-by-Side Comparison
| Category | Phoenix, AZ | Waco, TX | Difference |
|---|---|---|---|
| Overall | 103.3 | 92.5 | +10.8 |
| Housing | 121.2 | 83.5 | +37.7 |
| Goods | 95.0 | 93.8 | +1.3 |
| Utilities | 93.3 | 81.0 | +12.4 |
| Other Services | 104.0 | 96.2 | +7.8 |
Income & Housing Comparison
| Metric | Phoenix, AZ | Waco, TX |
|---|---|---|
| Median Household Income | $79,935 | $59,193 |
| Median Home Value | $360,600 | $190,100 |
| Median Monthly Rent | $1,432 | $1,042 |
| Per Capita Income | $40,787 | $30,923 |
Frequently Asked Questions
Is Phoenix, AZ or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 10.8 index points (Phoenix, AZ: 103.3, Waco, TX: 92.5).
Where is housing cheaper, Phoenix, AZ or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Phoenix, AZ (121.2) vs Waco, TX (83.5).